In addition to meeting with Geely, the recent Malaysia entourage to China – led by Prime Minister Anwar Ibrahim – also held a meeting with Chery International for an in-depth discussion on the company’s investment into Malaysia.
The meeting between the Minister of International Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz, and executives from Chery International touched on the company’s investment and development plans in Malaysia. According to a press release from the latter, the minister has “showed great interest” in the proposals, recognising Chery’s international corporate strength.
Following the meeting, Chery International was also invited to a round table conference between the Malaysian entourage and various Chinese industry leaders, ahead of the Malaysia-China Business Forum on April 1.
During his keynote speech for the Malaysia-China Business Forum, Prime Minister Anwar Ibrahim announced that the country has secured a record RM170 billion worth of investment commitments from China, from a total of 19 memoranda of understanding (MoU) signed between businesses in China and Malaysia.
RELATED: Chery to produce 30,000 cars annually in Malaysia CKD plant
Chery International has set up a wholly-owned subsidiary here in Malaysia, with the official brand launch to happen in the second quarter this year. Among the first models under the Chery brand to debut in Malaysia include the Tiggo 8 Pro and Omoda 5.
The company is reported to be currently finalising its CKD assembly plant agreement with Inokom, with production for its models set to begin in June 2023, with model launches scheduled for the month after.
READ MORE: Chery makes first official appearance in Malaysia – Tiggo Pro Series, Omoda 5 previewed
