Business

Proton, Perodua still fit criteria to be national car makers: Miti

Deputy minister says among them are majority local ownership, providing domestic jobs

Updated 3 years ago · Published on 13 Mar 2023 1:02PM

Proton, Perodua still fit criteria to be national car makers: Miti
Deputy International Trade and Industry Minister Liew Chin Tong says Proton has provided 8,500 job opportunities, 99% of them for the local community. – Bernama pic, March 13, 2023

KUALA LUMPUR – The contribution of Proton and Perodua to the local automotive industry has enabled both companies to remain treated as national car manufacturers.

Deputy International Trade and Industry Minister Liew Chin Tong, however, said the two car companies need to ensure that the criteria as outlined under the National Automotive Policy 2020 (NAP 2020) are adhered to.

“With the criteria laid out under the NAP 2020, any company other than Proton and Perodua that can meet those criteria is also eligible to be considered as a national car project and be given similar treatment,” he said in a question-and-answer session at Dewan Rakyat today.

He was answering Lee Chean Chung (Petaling Jaya-PH) who asked why Proton is still given special treatment despite it no longer being considered a national carmaker.

Liew said that among the criteria for a Malaysian vehicle project are majority local ownership, a focus on developing the local supply chain, conducting local research and development activities, and providing job opportunities for the local community.

He said Proton has provided 8,500 job opportunities – 99% of them from the local community.

“Proton also appoints more than 180 Tier-1 local companies in its entire supply chain and the average value of local procurement is between 75% and 80%, especially for models that are fully developed locally,” he said.

Therefore, he said his ministry will constantly monitor Proton and Perodua’s compliance with the criteria and will update the policy periodically in line with developments in the global automotive industry. – Bernama, March 13, 2023

Related News

Motoring / 1mth

Proton AMA02 set for production by end-2026, compact ‘Saga Cross’ SUV rumoured

Malaysia / 4mth

RM10 million grant to help 5,000 owners buy new cars

Motoring / 7mth

Impressed with the new Perodua EV, Anwar says he will be its ‘main marketing officer’

Motoring / 7mth

Perodua Bezza is Papua New Guinea's official police patrol cars

Malaysia / 9mth

Proton first EV factory in Malaysia testimony of close Malaysia-China ties, says PM

Business / 1y

Malaysia launches its first electric car

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM

Business

Kami Builders secure RM300 million ASEAN sustainability sukuk, channels Islamic capital into QIU campus development

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business

AI should support human thinking, not replace it - MDEC CEO

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision