DRB-Hicom and Zhejiang Geely Holding Group have a signed a master collaboration agreement that sets forth the underlying principles, governance framework and mutual commitment for theToday’s signing of the MCA – held at Proton Tanjong Malim and witnessed by prime minister Datuk Seri Anwar Ibrahim – follows the signing of the heads of agreement by the two parties earlier this year at the Malaysia-China Business Forum in Beijing.
In addition to the DRB-Geely MCA, there was also the signing of a HOA between Altel Communications and Geely’s Zhejiang Geespace Technology unit. This HOA focuses on the development and implementation of high technology systems and will expedite the deployment of innovative solutions within sectors like smart ports.
AHTV will attract investments both locally and from overseas, which will propel it to be an international automotive hub for NEVs , DRB-Hicom said in a statement. “Its focus will not only be on the production of automobiles of various makes, but also in the manufacturing of high-technology components and parts for NEVs. This will further expand the capability of local vendors towards specialising in high-technology manufacturing,” the company added.Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats.
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