Malaysia’s DRB Hicom signs agreement with Geely on domestic auto hub

KUALA LUMPUR : DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive hub in Malaysia.

This comes after Malaysian Prime Minister Anwar Ibrahim said in July that Geely will invest $10 billion to develop Malaysia’s main auto-making hub.

 

Z24 News

Leave a Reply

Your email address will not be published.

Next Post

US sailor pleads guilty to spying for China

Wed Oct 11 , 2023
LOS ANGELES: A US Navy petty officer pleaded guilty on Tuesday to providing sensitive military information to a Chinese intelligence officer, the Justice Department said. Wenheng Zhao, 26, and another US sailor, Jinchao Wei, were arrested in August on suspicion of spying for China.   Zhao pleaded guilty in a […]

Share

Social menu is not set. You need to create menu and assign it to Social Menu on Menu Settings.