Following the ministry of investment, trade and industry’s (MITI) reaffirmation of the country’s automotive investment and sector policies in a statement made in response to the BYD CKD topic that emerged earlier this week, national automaker Perodua has thanked the government for clarifying its position on the National Automotive Policy (NAP) and the policy’s intended purpose, which is to encourage investment that will benefit the country.
In a statement, Perodua said that the NAP has allowed the automotive industry’s ecosystem to be further strengthened, with significant economic spillover, ultimately fostering shared prosperity for all stakeholders.
This includes long-term sustainable employment and the development of local entrepreneurs, involving local vendors and dealers.
Additionally, the far-ranging scope has also brought about investment in infrastructure, human capital enrichment and R&D as well as a commitment towards technology and technical sharing. The automaker said the existing policy, vision and roadmap outlined by the NAP work as a comprehensive, transparent and consistent guide for automotive industry players, and applauded MITI for its vision of a progressive Malaysian automotive industry that balances progress and openness for the benefit of all.
Separately, the Perodua Suppliers Association (P2SA) and Perodua Dealers Association (PDA) also issued similarly-themed statements on the matter. The P2SA, representing an extensive network of local automotive component manufacturers, expressed its full support for MITI’s statement regarding the conditions set for new completely knocked down (CKD) entrants.
The association said that by applying high-volume assembly conditions consistently across all brands, regardless of their country of origin, the ministry is ensuring that the growth of the electric vehicle (EV) sector does not come at the expense of the existing local ecosystem.
The P2SA said MITI’s stance protects the years of investment companies have poured into local industrial capacity and technology, while encouraging new players to integrate with Malaysian suppliers. It added that the approach ensures that ‘local assembly’ translates into genuine high-value economic spillover for Malaysians, rather than just a final-touch process.
The association said it remains committed to evolving alongside the NAP and stands ready to provide the necessary components and expertise to support the country’s journey towards sustainable mobility, with its members ready and eager to embrace the transition to e-mobility.
As for the Perodua Dealers Association (PDA), it thanked the ministry’s efforts in developing the automotive sector and its commitment towards ensuring the prosperity of local businesses. The association said that the trust showed by both the government and the Malaysian public have allowed its members to reinvest into the country by way of business expansion and social responsibility programmes.
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