KUALA LUMPUR, Jan 18 – DRB-Hicom’s takeover of Proton Holdings Bhd will result in the rationalisation of the country’s automotive production capacity, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
He said the country’s car industry was only currently operating at 50 per cent capacity and this was a major issue within the industry.
To overcome this, he hoped DRB-Hicom would assist Proton to realise its full potential like its collaboration with Volkswagen to produce Volkswagen models at its plant in Pekan, Pahang, he told reporters after the ministry’s monthly gathering here today.
Mustapa also said all car manufacturing companies in Malaysia enjoyed the same incentives across the board since the government liberalised the entry of foreign car makes like Toyota, assembled in Thailand, into the country duty free.
“The perception is that the government has given many incentives to Proton, but in actual fact they (other car manufacturers) are also operating on an almost equal level playing field,” he added.
disunting dari umno online @ disiarkan pada 19 Januari 2012
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