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2 companies shortlisted for 3rd national car project

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Minister says 'Look East Policy' was an important aspect in the selection of the companies.

KUALA LUMPUR: Two car manufacturers have been shortlisted for the third national car project, according to Entrepreneur Development Minister Redzuan Yusof.“We are at the end stage of discussions. We cannot reveal more details as yet,” he told a press conference after attending a function at the Bank Rakyat twin towers here today.The third national car project was mooted by Prime Minister Dr Mahathir Mohamad.

Based on the hint, it is likely that a Japanese car manufacturer will spearhead the third national car project.Subscribe to our newsletter and get news delivered to your mailbox.

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Two companies shortlisted for third national car projectRedzuan Md Yusof hints that 'Look East' policy featured in the selection of the firms. MMC is one of them? Or Berjaya? Bermaz and UMW ? Which crony are we tax payer going to give another RM1b for R&D now? This is ridiculous.
Source: malaysiakini - 🏆 20. / 51 Read more »