KUALA LUMPUR: Zhejiang Geely Holding Group Co Ltd (Geely) plans to increase its investment in the country including strengthening Malaysia as a vehicle manufacturing hub for export purposes, says Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who received a courtesy visit from Geely chairman Li Shufu yesterday, said the meeting is proof that Geely is following through with its committed investment of RM32bil as announced during his official visit to China in March this year.
Business figure Tan Sri Syed Mokhtar Al-Bukhary and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz were also present during the meeting.
“The Chinese automobile manufacturer also plans to increase its participation in the field of research and development as well as the provision of local skilled workers in line with the needs of the industry,” said Anwar. — Bernama
