Tag: third national car
International Trade and Industry Minister Darell Leiking comments on the prime minister's statement that approval did not come from him.
The prime minister responds to accusations by MCA that Putrajaya lied about the funding of the project.
The MCA president says whether the government owns 53% or 10% of the ordinary shares in the company is not the issue as the ministers said the company will be 100% privately-owned.
MCA president Wee Ka Siong accuses Finance Minister Lim Guan Eng of lying by saying the project will not utilise public funds.
The electric car project will be unveiled today in Cyberjaya.
However, MIER says it is up to the prime minister to decide if it will be part of the third national car project.
The entrepreneur development minister also says the first prototype for the third national car should be ready by next year.
The prime minister tells senator the project is also about creating an ecosystem in which entrepreneurs and industries can thrive and provide jobs to youths.
Set up a level playing field policy for the automotive sector for other brand producers to team up, produce and compete.
Minister says 'Look East Policy' was an important aspect in the selection of the companies.
These include the third national car and the privatisation of Khazanah and other GLCs.
The international trade and industry minister says Qatar could also look at the possibility of collaborating in other parts of Malaysia’s automotive sector.
Dr Boo Cheng Hau says Malaysians have good reasons to doubt the project.
Entrepreneur Development Minister Redzuan Yusof says the fund was sourced from several existing grants.
The economic affairs minister says the situation has improved following Putrajaya's initiatives over the past few months.
Finance Minister Lim Guan Eng says such a project will require investments running into billions of US dollars, not just RM10-RM20 million.
Two economists say its makers must craft the car with future needs and trends in mind.
A poll by YouGov shows that 38% are in favour of a new national car, while 25% oppose the project and the remaining 37% are unsure.
The prime minister says the bonds are not being given in exchange for Japanese companies getting projects in Malaysia
The Pasir Salak MP says the third national car project is a step in the right direction for Malaysia's economy.
A prototype is expected to be ready by early next year.
The former CEP member questions the idea for a third national car and also criticises the revamped trans-Pacific trade pact.
Mohd Nadzmi Mohd Salleh says no car company now has a clear advantage in this field.
The prime minister's main concern is that our National Automotive Policy, developed after he left the government in 2003, is not up to scratch.
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