Last month Toyota said that they would be investing more into Indonesia for certain models, this despite an awful infrastructure system, and now Malaysia is looking for more investments from the auto sector as well. So will Thailand see less investment going forward? What impact will this have on SAT, TRU, STANLY and IHL on their growth?
Malaysia will selectively seek foreign investments that bring advanced technology and offer customised incentives to attract companies, according to M Madani Sahari, chief executive officer of the Malaysia Automotive Institute, a unit of the trade ministry. Under the previous policy, the licenses only allowed for the manufacture of vehicles that had engines 1.8 litres or bigger, he said.
Source: The Nation