THE highly anticipated National Automotive Policy 2020 (NAP 2020), which was finally launched by the International Trade and Industry Ministry on Friday, has set 10-year targets that the government believes will take the local automotive industry to the greater heights.
A crucial sector for the Malaysian economy, the automotive industry contributes just 4% to the country’s gross domestic product (GDP) currently.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
