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KK UMNO Youth Wants Proton-geely To Built Plant In Sabah


Last update: 12/08/2017

KOTA KINABALU, Aug 12 (Bernama) -- Kota Kinabalu UMNO Youth has proposed that national carmaker, Proton, set up its automotive plant in Sabah, following its strategic partnership with Zhejiang Geely Holding Group Co. Ltd.

Its Chief Mohd Bahrin Abd Karim said Sabah would be a strategic location for Proton-Geely to build an automotive factory outside of Peninsular Malaysia as it was situated at the centre of the Brunei-Indonesia-Malaysia-Philippines-East ASEAN Growth Area (BIMP-EAGA).

In June this year, Proton's parent company, DRB-Hicom Bhd signed a definitive agreement with Geely, a Chinese automotive conglomerate, to sell a 49.9 per cent stake in Proton Holdings Bhd to the latter.

This strategic partnership will propel the production of Proton cars at the international level including in Southeast Asia.

Mohd Bahrin said 10 years from now, Sabah would have a world-class port at Sepanggar, as well as the Pan Borneo Highway, which would connect the state with other regions in the BIMP-EAGA, especially Brunei and Kalimantan, Indonesia.....