China’s Great Wall plans to invest in Kedah
Have you heard about Great Wall Motor? I’m never heard about this carmaker before but there’s a good news for people in Kedah.
Chinese automaker plans to invest RM2bil to manufacturing facility in Kedah. Great Wall is the largest automaker from sport utility vehicle and pick-up trucks in China.
The Great Wall planned to produce energy-efficient vehicles (EEV) for the Asean market at its Kedah plant, which will have an initial capacity of 80,000 units.
Great Wall plans for Malaysia under the soon to be announced National Automotive Policy revision that opens the door for new EEV manufacturers to set up base in Malaysia.
It is learnt that Great Wall intends to make Malaysia as their supply chain hub for the Asean market. The company has make into Malaysia market in the third quarter of 2011.
According to Malaysian Automotive Association, Great Wall sold 173 units of their commercial vehicles last year compared to 87 units in 2011.
Source :- Star-Motoring