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EXCLUSIVE: TWO companies from China have proposed to invest US$10bil (RM41bil) in Malaysia’s third national car project and build a regional automobile hub to cater for the region in southern Perak, according to official sources.
THE gradual reduction in vehicle prices by between 20% and 30% over a five-year period, a policy under the recently announced National Automotive Policy (NAP 2014), could potentially result in a slowdown in used car sales as consumers adopt a “wait-and-see” approach.
JOHOR BARU: A multi-million ringgit auto city would be developed on a 32.37ha site within Gerbang Nusajaya, a integrated mixed development located near the Sultan Abu Bakar Customs, Immigration and Quarantine Complex (CIQ) at Tanjung Kupang in Gelang Patah.
Malaysia is among the most impressive countries in Asia in terms of social and economic development, says Bank of Tokyo-Mitsubishi UFJ (M) Bhd's chief executive officer, Masato Nakamura.