Politics

BERNAMA – AHTV has potential to make Malaysia a hub for electric vehicle manufacturers to the ASEAN market –

TANJUNG MALIM, April 12 (Bernama) — The growth of the Automotive High-Tech Valley (AHTV) can make Malaysia, amongst others, a hub for electrical automobile producers and element suppliers, not solely to the ASEAN market, but additionally to a wider market.

Prime Minister Datuk Seri Ismail Sabri Yaakob stated the event would have the ability to appeal to overseas buyers, particularly from China and different international locations, as a result of it has the potential to strengthen the automotive ecosystem in a big space.

“If other countries like the United States can be proud of Detroit, a district famous for its car manufacturing industry, it is possible that one day, Tanjung Malim will be known as a great automotive hub in the region,” he stated throughout AHTV’s launch right here at the moment.

Apart from that, the Prime Minister stated Tanjung Malim would see an financial overflow from the actions of the AHTV growth undertaking which is anticipated to generate 370,000 jobs throughout development and 160,000 jobs when it’s operational.

“Other developments which have an financial chain response reminiscent of industrial parks and property growth for industrial functions as a complete have the potential to generate RM32 billion by 2030,” he stated.

According to Ismail Sabri, the event of AHTV was proposed greater than 10 years in the past to strengthen PROTON’s manufacturing operations from Shah Alam, Selangor to Tanjung Malim, in order that it’s extra centralised and might improve productiveness.

“It is hoped that the launch of AHTV might be a benchmark for one more high-impact nationwide growth and drive the nation’s success holistically.

“I am confident and believe that with the ability of DRB-HICOM assisted by coordination from the relevant government agencies as well as the funds channelled, it is capable of becoming a prestigious automotive mega project in the region,” he stated.

— BERNAMA



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