National Automotive Policy 2020 to be announced next week

KUALA LUMPUR: The new National Automotive Policy, NAP2020, will be launched by Prime Minister Tun Dr Mahathir Mohamad on Feb 21 at the Ministry of International Trade and Industry (Miti).

In a statement today, the ministry said the government has taken into account all the feedback obtained from the industry as well as improvement opportunities learnt from previous national automotive policies.

“To ensure a continuation of meaningful participation within the industry, the government has placed emphasis on resources to ensure that the next technology acceleration curve would be in line with emerging trends surrounding transportation and mobility, as well as allowing for clean energy technology adoption,” it added.

NAP2020 has been formulated to elevate Malaysia’s automotive industry to the next phase of industrial competitiveness, in line with the changing landscape of mobility in the global markets.

Miti said the government is focusing on building strategic ties with industry players towards enhancing local talents’ capacity and development. – Feb 13, 2020, Bernama

Subscribe and get top news delivered to your Inbox everyday for FREE