German carmakers can ship proposals for Malaysia’s new nationwide automotive venture – deputy MITI minister

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The federal government is reportedly opening its doorways to German automakers to take part within the new nationwide automotive venture, says deputy minister of the Ministry of Worldwide Commerce and Business (MITI), Dr Ong Kian Ming.

In response to a Bernama report, he stated there have been many German automotive corporations that had been very profitable in assembling utterly knocked-down (CKD) automobiles with quite a lot of native content material.

“If the German (auto) corporations have an interest to discover alternatives within the new nationwide automotive venture, we’re prepared and open to their proposals,” he advised reporters at an MoU signing ceremony on the Malaysia-Germany Strategic Collaboration and the comfortable launch of the East Coast Financial Area’s (ECER) Asia Centre of Excellence for Sensible Applied sciences (ACES) earlier at the moment.

German Ambassador to Malaysia Nikolaus Graf Lambsdorff stated German automotive manufacturers have been already a well-known sight to Malaysian shoppers. “4 German carmakers want to broaden their enterprise and improve their manufacturing in Malaysia. They’re very lively right here, trying not solely on the Malaysian market but additionally at neighbouring nations,” he stated.

Thus far, it’s unclear if the company has obtained any proposals from these automakers, however Ong stated an announcement might be made sooner or later. In echoing Ong’s sentiment, Lambsdorff additionally stated there’s been no official proposals or enquiries of curiosity from these carmakers to take part within the new nationwide automotive venture.

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In the meantime, Malaysia Automotive Institute (MAI) CEO Datuk Madani Sahari stated the third nationwide automotive venture can probably fulfil market wants in a bid to finish the automotive trade beneath the related mobility idea. He additionally stated “the will to develop the brand new nationwide automotive venture will not be solely to achieve fame however it can spur financial spillovers when it comes to engineering in addition to providers.”

Whereas there are factions which are excited concerning the new formidable enterprise, many Malaysians aren’t as supportive of the brand new nationwide automotive venture, one thing that Mahathir himself is absolutely conscious of. Madani nevertheless, is an avid supporter of the venture, and you may learn his private opinion on the matter, right here.

The publish German carmakers can ship proposals for Malaysia’s new nationwide automotive venture – deputy MITI minister Auto Reviews & New Cars on Paul Tan’s Automotive Information.


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