After the China Geely will invest in Malaysia to invest and develop the car valley in April this year, Malaysian Prime Minister Anwar Anwar said on Tuesday (July 18) that the company will invest RM40 billion (about S $ 11.6 billion), whichCreate Malaysia Dandano Malinth into a major automobile manufacturing center.

Malaysian Xinhe reported that Anwar revealed at a event in Selangor on Tuesday that Geely notified him in a 10 -page letter, saying that Geely was willing to continue to continueTanjoo Malinth is made into the largest automotive city in the region.Anwar said that the investment is RM40 billion or US $ 10 billion, which will create thousands of employment opportunities for Malaysians.

Anhua said: "These are not to obtain commissions or gifts, but to ensure that our economic growth and thousands of young people can find a job."

Geely Automobile Yu Yu Yu YuIn 2005, he invested in the construction of a plant for the first time in Malaysia. Anwar visited China at the end of March this year. During the period, Malaysia's Diversity and Heavy Industry (DRB-HICOM) and Geely signed an outline agreement on cooperative development of high-tech automobile valley in Beijing.

Minister of Science, Crafts and Receiving Zheng Licheng, in April this year, accepted the Malaysian media joint interview that Geely's investment was in line with the national electric vehicle development strategy framework formulated by the Ministry of Science and Technology.The goal of this strategy framework is that the use of electric vehicles reached 38 % by 2040.

Zheng Li said frankly that Malaysia has not yet formed an electric vehicle ecosystem, and there are few electric vehicles on the road, so the industry does not have power investment to develop charging stations."But if there are electric vehicle manufacturers come to set up factories, I believe it will greatly increase the use rate of electric vehicles."

Danjo Malinth is located in the south of Perak near the border of Selangor. Since the 1990sCar production base.