PVA says Proton should forge strategic partnership

The Proton Vendors Association (PVA) fully supports the Malaysian government’s provision, under the National Automotive Policy (NAP) Review, for national car maker Proton to forge a tie-up with a foreign partner, PVA President Datuk Wan Mohamed Wan Embong said. International Trade and Industry Minister Datuk Mustapa Mohamed, in announcing the review of the policy, said a new strategic partnership between Proton and a globally established original equipment manufacturer (OEM) would be established to enhance the local car manufacturer’s competitiveness globally and to ensure its long-term viability. Mustapa said the partnership could involve equity participation and technology collaboration and that an announcement on the tie-up would be made soon. (November 3, 2009)