Mida, DRB-Hicom, Geely join forces to drive Malaysia’s Automotive Hi-Tech Valley as Asean EV hub

Quick Summary:

KUALA LUMPUR, Dec 17 — The Malaysian Investment Development Authority (Mida) has partnered with DRB-Hicom Bhd and Zhejia...

Through its Global Supply Chain Coordination and Industry4WRD initiatives, Mida is dedicated to enhancing the capabilities of local suppliers, enabling them to meet international standards.“By fostering a competitive and interconnected supply chain, these efforts aim to seamlessly integrate local automotive suppliers into regional and global markets, expanding their reach and impact,” it added.

Meanwhile, Sikh Shamsul Ibrahim said the collaboration enables the agency to harness Industry 4.0 and energy-efficient solutions to create a dynamic ecosystem at AHTV that supports innovation and sustainability.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaMaliOman

Topics: Mida Automotive Hi-Tech Valley Geely Perak Drb-hicom bhd Asean EV hub

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 12:43:06 (6 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 24587739

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