SEE THE BIG PICTURE? BUT PROTON WAS A BLOODBATH OF BAILOUTS: YET MINISTER DEFENDS ‘THIRD NATIONAL CAR’ PROJECT – ‘IT WILL CREATE JOBS & DEVELOP THE INDUSTRY’

ANOTHER national car project can create jobs and promote development of automotive parts and component vendors, International Trade and Industry Minister Darell Leiking said.

He said critics should see the big picture when debating the need for a third national car.

“It can generate new jobs, vendor development in automotive parts and components including electric vehicle batteries, and spur data collection and processing, which could be useful in other industries,” he said in a statement today.

He said government agencies, such as national applied research and development centre Mimos Bhd and the Malaysia Automotive Institute (MAI), can play an important role in the development of the third national car.

Meanwhile, Mimos chief executive officer Ahmad Rizan Ibrahim said as part of the ministry, Mimos commanded a more strategic position to tap the vast potential and possibilities on the the fourth industrial revolution (Industry 4.0).

“We are now a step closer to industry, which will hopefully facilitate our delivery of direct value to strategic sectors, startups and entrepreneurs.

“Mimos can help industry gain more advantages in the value chain, not only through Industry 4.0 technology applications but also in specialised talent development, which can make a critical contribution to supply chain strategies,” he said.

– Bernama

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