Government aiming to attract India automotive giant to Tanjung Malim
Share this article
IPOH, Feb 16 — After the success of the Proton-Geely partnership with China, the government is aiming to attract India’s biggest multinational automotive manufacturing company, Tata Group, to Tanjung Malim.
Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said the idea is to change Malaysia into an automotive hub, and eventually be a part of the Association of South-east Asian Nations (Asean) automotive market.
“China has the biggest automotive market with car sales of 30 million last year and the India automotive market is also emerging as they have acquired English premium car maker Jaguar and Land Rover.
“If we can bring Indian automotive giants to Malaysia, then we can venture into the Asean automotive market easily,” he told reporters at his Chinese New Year open house here.
Ong said Asean is a single market where we can venture into 10 countries directly through the free trade agreement which the government had signed in January 2015.
“We hope Malaysia could turn into the automotive hub for Asean, where we can export the cars to the Asean market from here. This would increase the country’s revenue,” he said.
Ong said he had discussed his plans with the Prime Minister, as well as with the Perak Menteri Besar, and they were supportive about the idea.
Ong also said bringing in foreign automotive investors near the National Automotive Cluster at Proton City in Tanjung Malim will also attract the electronics industries to establish their companies there.
“Having big automotive companies at one place will definitely attract electronics industries to set up their companies there as cars need these materials.
“Furthermore, it will also create about 100,000 jobs in Perak and the people here can earn higher incomes,” he said.
Ong said he will contact the India counterparts over the matter after the Chinese New Year period.
“If they agree, then they can open up their plant at the industrial park in Tanjung Malim, which plans are afoot to create near Proton City.
“But, of course we will need to give them some form of incentive such as tax holidays to attract them,” he said.