PETALING JAYA: DRB-Hicom Bhd has entered into two memoranda of understanding (MoUs) for the purpose of developing and promoting an Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak.
In separate announcements, the diversified group said it had signed an MoU with Zhejiang Geely Holding Group Co Ltd on Monday, and another MoU with the state government of Perak on Tuesday to promote the AHTV project.
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