© Nikkei Markets
KUALA LUMPUR (Oct 17) — Malaysia’s federal government has received 14 proposals for its third national car project, the deputy trade minister said Wednesday.
The project will be entirely driven by private players, Ong Kian Ming said in parliament.
Earlier this month, the government said it will support the proposed national car project – guided by the trade ministry – with licensing, and the scope of help will expand if the project aims to deliver a car that could be targeted at the entire Southeast Asian region, or ASEAN markets.
– By Gan Pei Ling
– Edited By Abhrajit Gangopadhyay