KUALA LUMPUR, March 13 — Proton is still Malaysia’s national car even though it is now under semi-private ownership, Deputy International Trade and Industry Minister Liew Chin...
KUALA LUMPUR, March 13 — Proton is still Malaysia’s national car even though it is now under semi-private ownership, Deputy International Trade and Industry Minister Liew Chin Tong said in the Dewan Rakyat today.
“In addition, Proton has appointed more than 180 Tier-1 local companies that are involved in the overall supply chain, while the average value of local procurement is in between 75 per cent to 80 per cent especially for the models developed locally. Liew was responding to Petaling Jaya MP Lee Chean Chung who wanted to know why Proton is still given special treatment when it is only 51 per cent owned by Malaysians.Liew explained that the National Automotive Policy 2020 which lists the criteria for Malaysian vehicles can be used as a guide for Proton’s status as a national car brand.
He added that the criteria also include the carmaker’s ability to conduct local research and development activities and provide many job opportunities for locals.
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