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MIDA, Geely, DRB HICOM aim to jointly establish Malaysia as ASEAN’s hub for NxGVs and EEVs

On December 16, 2024, the Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MOU) with DRB-HICOM Berhad and Zhejiang Geely Holding Group Co. Ltd. with the aim to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak. 
This will help advance Malaysia’s position as AS....

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