MIDA And Chery Forge Strategic Automotive Alliance, Marking A New Era In Malaysia's Automotive Sector
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Office of MIDA, highlighted the significance of the Chery Premier Supply Chain Synergy Programme in realising Malaysia's National Automotive Policy (NAP) 2020, 'This inaugural programme directly supports our commitment to fostering collaboration between Malaysian vendors and Chery China. We aim to unlock mutually beneficial opportunities that drive growth and innovation, aligning perfectly with NAP 2020's objectives of promoting local vendor development, supporting next-generation vehicles (NxGV), and incorporating Industry 4.0 practices. By fostering these vital links, we envision a future rich with technology transfer, streamlined supply chains, and enhanced industrial capabilities, ultimately benefiting both Malaysia and Chery.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Borneo Post
a few seconds ago
- Borneo Post
Sungai Bintangor Bridge officially opens to public, joins Kuching's cityscape as iconic new landmark
KUCHING (Aug 5): The much-anticipated Sungai Bintangor Bridge was officially launched by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg in a ceremony held at the bridge site at 8.30pm this evening. Upon his arrival, Abang Johari attended a briefing session before delivering his speech, where he hailed the project as an engineering masterpiece and a potential tourism draw for Kuching, likening it to iconic bridges in Europe. 'This bridge reminds me of the iconic bridge one sees in places like Rotterdam. I think we now can say we have our own Rotterdam in Kuching now. He described the bridge as a catalyst for modern urban development and a symbol of smart city progress in the state capital, expressing hope that the surrounding areas would be further developed and beautified to benefit local communities. During the event, Deputy Minister for Utility (Sarawak Energy and Petros) and Satok assemblyman Datuk Ibrahim Baki proposed renaming the bridge after the Premier's late wife, Datuk Amar Juma'ani Tuanku Bujang, as a gesture of gratitude for her contributions to the people of Satok. 'I am sure with this name suggestion for the bridge, the Premier will agree with it. This name suggestion is also as a sign of gratitude to the sacrifices made by the late wife of the Premier to the people of Satok,' said Ibrahim. Deputy Premier Datuk Amar Douglas Uggah also addressed the audience, calling the bridge 'iconic' and one of its kind in Malaysia in terms of design. Located along Jalan Datuk Ajibah Abol, the new bridge spans the width of Sungai Bintangor and serves as a crucial addition to Kuching city's road network. The cable-stayed structure, featuring a four-lane dual carriageway and an iconic central tower with intricate carvings, is set to become not only a vital traffic conduit but also a new urban landmark and tourism draw for the state capital. Fully funded by the Sarawak government, the RM50.6 million bridge began construction in December 2019, but progress was hampered by the Covid-19 pandemic and challenges in relocating underground utilities, leading to several delays. Spanning 114.34 metres, the bridge also comes with upgraded sections of Jalan Datuk Ajibah Abol, enhancing connectivity for residents in Satok and surrounding neighbourhoods. It is expected to significantly ease traffic congestion in the area by providing an alternative route for motorists. The project is among the Sarawak government's high-impact infrastructure initiatives aimed at boosting regional development and strengthening Kuching's urban mobility network. The bridge was actually partially opened to the public in February this year. Also present during the ceremony were Deputy Premier Datuk Amar Dr Sik Kui Hian, State Secretary Datuk Amar Mohamad Abu Bakar Marzuki and other officials.
The Sun
31 minutes ago
- The Sun
Malaysia launches exporter outreach, reforms post-US tariff deal
KUALA LUMPUR: Malaysia will implement three major initiatives—exporter outreach, regulatory reforms, and nationwide supply chain mapping—following its recent tariff agreement with the US. The deal reduces tariffs on Malaysian goods from 25% to 19%, effective August 1. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz stated the agreement resulted from 'months of intense but thorough as well as methodical negotiations' without compromising Malaysia's 'red lines' in strategic sectors. 'Most importantly, we achieved this without conceding on our red lines in key areas,' he said during his keynote at The Edge Malaysia Centurion Club Awards 2025. Protected areas include foreign equity limits in strategic industries, digital legal safeguards, and halal standards. 'The negotiation package was a full-of-nation offer, not just the government, but all (of you)—many companies contributed to that,' he added. Post-deal, the government's focus includes: 1. **Exporter Outreach:** Engaging SMEs and multinationals to mitigate tariff impacts. 2. **Regulatory Reform:** Cutting bureaucratic overlaps and outdated rules. 3. **Supply Chain Mapping:** Strengthening industrial roles in global supply chains. Tengku Zafrul highlighted Malaysia's mid-cap companies (RM100m–RM1b market cap) as vital to the New Industrial Master Plan 2030. 'As of March 31, there are 519 such Centurions, critical to our national economic aspirations,' he noted. - Bernama
The Sun
32 minutes ago
- The Sun
Gentari, Amazon Web Services sign power purchase deal for India wind energy project
PETALING JAYA: Clean energy solutions provider Gentari Sdn Bhd and Amazon Web Services (AWS) have signed a power purchase agreement (PPA) for an 80MW wind power project in Tamil Nadu, India. Following a collaboration agreement signed in 2023 with AWS, the PPA marks a concrete step towards the shared ambition of delivering new, cost-effective, utility-scale renewable energy projects. Targeted to commence operations in mid-2027, the project is expected to generate approximately 300,000 MWh of renewable energy annually. Through the supply of renewable energy, Gentari is advancing its vision of putting clean energy into action, while supporting AWS's goal of reaching net-zero carbon by 2040. 'This collaboration reflects our shared commitment to advancing practical, scalable, and clean energy solutions – vital for Asia and the world's move towards a low-carbon future. Through projects like the Karur wind development, we are not just adding renewable capacity – we are addressing real energy needs where it matters most. Together with AWS, we are focused on delivering impact through action and enabling the broader energy ecosystem to transition. Gentari is excited to support AWS in their net zero journey, and we welcome more partners to join us in building a more robust clean energy ecosystem,' said Gentari CEO, Sushil Purohit. AWS Asean managing director Jeff Johnson said: 'As the world's largest corporate purchaser of renewable energy globally, AWS continues to work towards our goal of reaching net-zero carbon emissions by 2040. Our collaboration with Gentari, a Malaysian clean energy leader expanding its regional impact, brings us a step closer towards that. We're proud to work with forward-thinking organisations like Gentari who share our commitment to both technological advancement and environmental stewardship.'
