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NCIA TO SECURE RM400 MLN INVESTMENTS IN NORTHERN PERAK BY YEAR-END TAIPING: The Northern Corridor Implementation Authority (NCIA) is looking forward to securing another RM400mil of investments by year-end in manufacturing, tourism, agriculture and logistics in Kamunting.
PETALING JAYA: The planned RM1bil investment by DRB-Hicom Bhd to accelerate the development of Proton City in Tanjung Malim, Perak over the next five years may be a move to consolidate Protons manufacturing activities in a single location, automotive analysts say.
DRB-Hicom Bhd will expedite development of the Proton City in Tanjung Malim by injecting over RM1bil in the next five years, Menteri Besar Datuk Seri Dr Zambry Abdul Kadir said on Wednesday.
IPOH: Japanese tyre maker Toyo Tire Rubber Co Ltd, which has taken over Taiping-based Silverstone Bhd, aims to increase its annual production to 15 million units in the next five years, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said yesterday.