Third national car project will not use people's money, says Guan Eng

  • Nation
  • Monday, 13 Aug 2018

KUALA LUMPUR (Bernama): Finance Minister Lim Guan Eng has assured that the third national car project will neither use public funds nor money from the government.
Instead, he said the project, if ever implemented, would be funded by private investments.
“If it comes from private (investments), then there will not be a problem,” he said when winding up the debate on the Supply (Reallocation of Appropriated Expenditure) Bill 2018 at the Dewan Rakyat sitting here Monday.
Prime Minister Tun Dr Mahathir Mohamad in his speech at the 24th International Conference on the Future of Asia, or Nikkei Conference, in Tokyo last June, expressed his ambition to start a new national car project.
He said that Proton, which he founded in 1983,  was no longer a national car.  - Bernama