MITI obtained 14 proposals for brand spanking new nationwide automobile venture

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Right here’s an replace on the brand new nationwide automobile venture (NNCP). The federal government’s invitation for NNCP proposals from the non-public sector has closed, and the ministry of worldwide commerce and trade (MITI) has in hand 14 proposals. This was revealed by MITI deputy minister Dr Ong Kian Ming in parliament immediately, reported by The Star.

Ong reiterated that the NNCP can be totally pushed by the non-public sector and the federal government would solely give choose help based mostly on the capabilities of the corporate concerned.

“I imagine the suggestion to conduct an financial impression research for the venture is suitable and truthful, however we have to get a transparent path first as we have now but to check the proposals given by the non-public corporations and people on the venture. To be able to perform the financial impression report, we have now to get readability first on the Nationwide Automotive Coverage,” he stated in a reply to Subang MP Wong Chen, who requested the federal government when it could have the ability to produce an financial impression report on the NNCP.

The NAP evaluate will cowl a a lot wider scope than simply the NNCP. “The final time the coverage was reviewed was in 2014, and after 4 years we’re reviewing it once more. The evaluate can be a holistic course of, not solely involving the third nationwide automobile venture however the trade as an entire,” Ong stated.

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The Bangi MP added that the NNCP will spur the nation’s capabilities in R&D in addition to new applied sciences within the automotive sector, in addition to making a cluster of recent tech and experience in automotive engineering.

Final week, Datuk Madani Sahari – CEO of the Malaysia Automotive Institute, which is below MITI – stated that the federal government had obtained two proposals thus far (October 9), so a lot will need to have rushed in over the previous week. The deadline for submissions was October 15.

To recap, earlier this month, entrepreneur improvement minister Datuk Seri Mohd Redzuan Yusof introduced the timelines for the NNCP – the brand new nationwide automobile’s title can be introduced by the top of this yr, whereas the prototype for the NNCP mannequin is predicted to be prepared by early subsequent yr, forward of a 2020 roll out. The automobile is predicted to characteristic semi-autonomous capabilities and superior security options, whereas remaining reasonably priced.

The put up MITI obtained 14 proposals for brand spanking new nationwide automobile venture Auto Reviews & New Cars on Paul Tan’s Automotive Information.


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