KUALA KANGSAR, August 19 — Perak Menteri Besar Datuk Seri Saarani Mohamad announced that the state government will review Zhejiang Geely Holding Group Co Ltd’s masterplan for the RM32 billion Automotive High-Tech Valley (AHTV) project in Tanjung Malim. The decision on whether to approve the plan is anticipated in September.
The AHTV megaproject, a collaboration between Geely and DRB-Hicom Bhd, aims to establish Tanjung Malim as a major global automotive hub. Saarani also highlighted other significant investments in Perak, including a RM9.5 billion EU grant and RM72 billion for the Lumut Maritime Industrial City, as well as contributions from Jinjing Silicon Technology and Zhejiang Sinopont Technology in local industrial parks.
