Wednesday, October 20, 2010

Berjaya Corp gets MITI approval to assemble vehicles

KUALA LUMPUR: BERJAYA CORPORATION BHD [] has secured a manufacturing plant licence from the Ministry of International Trade and Industry Malaysia for the assembly of commercial vehicles, hybrid cars, electric cars and luxury passenger vehicles in Malaysia.

The 100-acre plant will be based at Bukit Tagar, Selangor Darul Ehsan.

In a statement Wednesday, Oct 20, Berjaya Corp chairman and chief executive officer Tan Sri Vincent Tan said the manufacturing licence would provide the company the opportunity to assemble commercial and passenger vehicles locally, giving it more flexibility and control in terms of quality and pricing.

'Besides strategically complementing and widening our existing range of motor brands, this will also be a good opportunity for Berjaya Corp to promote green TECHNOLOGY [] through the development of hybrid and electric vehicles, which are more environmentally friendly. In line with this, we hope to expand our market share and develop a more global presence,' he said.

Tan said the Berjaya group had considerable experience in the automobile business, with rights to distribute, market and sell world-renown car brands such as Mazda, Chana Era, Skoda, Jinbei, including Mercedes Benz commercial vehicles and Aston Martin vehicles.




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