Perodua earmarks RM1.2bil for capex this year

Zainal Abidin Ahmad

RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is allocating RM1.2 billion for capital expenditure (capex) this year.

President and chief executive officer Datuk Zainal Abidin Ahmad said of this amount, up to RM700 million is set to be utilised for research and development plus the development of the new D55L model, while RM250 million is dedicated to sales network expansion.

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Perodua , Capex , D55L , Perodua Smart Build blueprint , Automotive

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