Business

Proton expands exports to 5 countries

It will have presence in Kenya, Pakistan, Brunei, Bangladesh and Egypt by year-end

Updated 5 years ago · Published on 11 Dec 2020 1:10PM

Proton expands exports to 5 countries
Proton says Bangladesh and Egypt will host virtual product launches for the Proton Saga this month. – December 11, 2020

KUALA LUMPUR – Proton Holdings Bhd is growing its presence in five countries, namely Kenya, Pakistan, Brunei, Bangladesh and Egypt this month.

In a statement today, Proton said its exports have grown 10.6% so far this year, despite global restrictions in place to curb the Covid-19 pandemic.

"As many as five market introductions will take place in the coming weeks, with one marking the export market debut of the Proton X50, and another two signifying the kick-off for local assembly and sales of Proton vehicles in other markets.

"While local market leadership is one of our targets, it is equally vital for the Proton brand to build up its presence internationally, representing both the company and Malaysia," it said.

Proton chairman Datuk Seri Syed Faisal Albar said this is part of the company's 10-year plan devised at the beginning of its strategic partnership with Geely.

“However, parts of the export plans were affected by the Covid-19 pandemic as each country had different responses and restrictions. Still, thanks to our diligent work and the strong support of various government agencies, we are finally getting back on track.

"Therefore, in just a few short weeks, we will be announcing the commencement of CKD and sales operations in Kenya and Pakistan, as well as the international market debut of the Proton X50 in Brunei,” he added.

Proton said in addition, Bangladesh and Egypt will also be hosting virtual product launches for the Proton Saga this month.

"This will be followed by a similar launch in Nepal just as the year draws to a close," it said. – Bernama, December 11, 2020
 

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