Goodyear Malaysia factory closure – Rafidah urges government to respond, analyse future investments

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Yesterday’s revelation that Goodyear was to close its factory in Shah Alam took everyone by surprise, the plant having been a mainstay of the automotive manufacturing scene for the past 52 years. The move sparked …

took everyone by surprise, the plant having been a mainstay of the automotive manufacturing scene for the past 52 years. The move sparked furore over large multinational corporations continuing to move manufacturing away from Malaysia, most notably earning a rebuke from Tan Sri Rafidah Aziz.

Rafidah added that the government needs to note the amount of companies that have shut down their Malaysian operations and understand why they did so. “ where have they moved to why have they stopped operations in Malaysia; analyse what were their push factors which drove them to shut down and, to add insult to injury, relocate elsewhere.”

 

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