DRB-Hicom, Geely sign deal on auto high-tech valley in Tanjung Malim FMTNews FMTBusiness
Prime Minister Anwar Ibrahim witnessing the signing of the heads of agreement between DRB-Hicom Berhad and Zhejiang Geely Holding Group Co Ltd during the Malaysia-China Business Forum 2023 in Beijing today.
In a statement today, DRB-Hicom said the agreement aims to see the development of the Automotive High-Tech Valley as Malaysia’s next- generation vehicle hub in Tanjong Malim. It said the hi-tech valley will occupy 404ha and will be expanded accordingly to cater to future needs.
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