Housing and Local Government Minister Nga Kor Ming says efforts are ongoing to secure the best possible outcome for a proposed BYD investment in Tanjong Malim, Perak. Discussions are being elevated to the Prime Minister’s level.
Malaysia Pushes for Strong Outcome in BYD Tanjong Malim Deal
The investment is expected to bring economic benefits, including job creation and industrial growth in the region. Authorities are carefully negotiating terms to ensure long-term value for Malaysia.
The move reflects Malaysia’s push to attract high-value investments, particularly in the electric vehicle sector. If finalised, the project could strengthen the country’s position in the regional EV supply chain.
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