Govt opens door to Germans for third national car

KUALA LUMPUR: The government is opening its door to German automakers to participate in the third national car project, says the Ministry of International Trade and Industry (Miti).
Deputy Minister Dr Ong Kian Ming said there were a lot of German car companies which had been very successful in assembling completely knocked-down (CKD) vehicles with a lot of local content.
“If the Germans are interested to explore opportunities in the third national car project, we are willing and open to their proposals,” he told reporters after the exchange of a memorandum of understanding on the Malaysia-Germany Strategic Collaboration and the soft launch of the East Coast Economic Region’s Asia Centre of Excellence for Smart Technologies today.
On whether any proposals have been received from these automakers, Ong said an announcement would be made in the future. – Bernama