KUALA LUMPUR — Oct. 17, 2018: The government has received 14 proposals on the new national car from the private sector and individuals.
Deputy Minister of International Trade and Industry Dr. Ong Kian Ming said the government would have to take into consideration the National Automotive Policy and identify the national automotive industry’s direction holistically before studying the economic impact of a third national car.
Ong said this in reply to Datuk Seri Tajuddin Abdul Rahman (BN-Pasir Salak) and Wong Chen (PH-Subang) in the Dewan Rakyat today.
The amount of investment and the involvement of the government and private sector will be fully driven by the private sector, with the government only helping in terms of facilities and specific assistance.
“It is very important for national growth and the new national car project is expected to boost Malaysia’s engineering and technological capabilities.
“Currently, the government is in the midst of reviewing the NAP to include elements which are in line with the advancements in mobility technology and the Fourth Industrial Revolution (Industry 4.0) to ensure that the local automotive industry is parallel with current developments globally,” said Ong.
The review will take into account factors related to the development of the local automotive industry, such as the development of local companies, research and development, increasing exports as well as the new national car project. — Bernama