Geely Will Increase Investment In Malaysia - PM Anwar
Prime Minister Anwar Ibrahim stated that ZHEJIANG Geely Holding Group Co Ltd (Geely) intends to increase its investment in the country, including strengthening Malaysia as a vehicle manufacturing hub for export purposes.
Anwar, who received a courtesy visit from Geely chairman Li Shufu yesterday, stated that the meeting demonstrates that Geely is following through on its committed investment of RM32 billion announced during his March official visit to China.
“The Chinese automobile manufacturer also plans to increase its participation in the field of research and development as well as the provision of local skilled workers, in line with the needs of the industry in the future.
“I am confident this initiative will be fruitful for our country’s economy,” said Anwar in a post on his Facebook page.
For the record, Geely is a global automotive giant and a strategic partner of DRB-Hicom Bhd, a Malaysian conglomerate.
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VQT2420
SELANGOR
BSP108
JOHOR
JYU4311
PULAU PINANG
PSB2687
PERAK
APG4941
PAHANG
CFG1524
KEDAH
KGF1925
NEGERI SEMBILAN
NEJ9813
KOTA KINABALU
SJR2795
KUCHING
QAB5250N
Last updated 11 Apr, 2026
Fuel Price
Petrol
RON 95
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RON 97
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VPR
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Diesel
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RM 3.04
+0.05
EURO 5 B7
RM 3.24
+0.05
Last updated 26 Feb, 2026
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