DRB-Hicom inks agreement with Geely on auto hub development


KUALA LUMPUR: DRB-HICOM has entered into a Master Collaboration Agreement (MCA) with Zhejiang Geely Holding Group Co Ltd (Geely) pertaining to the development of the Automotive High-Technology Valley (AHTV) in Tanjong Malim, Perak.

In a Bursa Malaysia filing today, DRB-HICOM said the MCA sets forth the underlying principles, governance framework and mutual commitment of the AHTV project, including specific roles to be undertaken for development and promotional initiatives.

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DRB-Hicom , Zhejiang Geely , AHTV

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