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Indonesia, Malaysia team up to develop local car brand


  • Nation
  • Sunday, 12 Aug 2018

Malaysia Automotive Institute CEO Datuk Madani Sahari (from left), Malaysian Trade and Industry Minister Darell Leiking, the Industry Ministry’s international industry access and resilience director general, I Gusti Putu Suryawirawan and Indonesia Automotive Institute (IOI) president I Made Dana Tangkas pose for a picture after signing a memorandum of agreement in Jakarta, on Aug 10, 2018. - PHOTO: THE JAKARTA POST/ASIA NEWS NETWORK

Malaysia Automotive Institute CEO Datuk Madani Sahari (from left), Malaysian Trade and Industry Minister Darell Leiking, the Industry Ministry’s international industry access and resilience director general, I Gusti Putu Suryawirawan and Indonesia Automotive Institute (IOI) president I Made Dana Tangkas pose for a picture after signing a memorandum of agreement in Jakarta, on Aug 10, 2018. - PHOTO: THE JAKARTA POST/ASIA NEWS NETWORK

JAKARTA (The Jakarta Post/Asia News Network): Indonesia and Malaysia have reached a deal on a joint venture to produce the first fully local-made Asean vehicle for domestic use.

Government representatives of the two countries signed a memorandum of understanding (MoU) in Jakarta on Friday (Aug 10) to begin cooperation on the improvement of the automotive manufacturing workforce and supply chains with the aim of learning to fully produce components in the region and establish a new brand.

Asean , Malaysia , Indonesia

   

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