{"id":1975905,"date":"2023-07-18T07:36:02","date_gmt":"2023-07-18T11:36:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/malaysia-pm-says-chinas-geely-to-invest-10-billion-in-domestic-auto-hub-report\/"},"modified":"2023-07-18T07:37:24","modified_gmt":"2023-07-18T11:37:24","slug":"malaysia-pm-says-chinas-geely-to-invest-10-billion-in-domestic-auto-hub-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/malaysia-pm-says-chinas-geely-to-invest-10-billion-in-domestic-auto-hub-report\/","title":{"rendered":"China&#8217;s Geely to invest $10 billion in Malaysia&#8217;s auto hub, says PM."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmalaysia-pm-says-chinas-geely-to-invest-10-billion-in-domestic-auto-hub-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1975905&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><h2>Chinese \u200bCar Maker Geely to Invest $10 Billion in \u200bMalaysia&#8217;s Auto-Making Hub<\/h2>\n<\/p>\n<p> \u2064<\/p>\n<blockquote><p>KUALA\u2063 LUMPUR \u2063(Reuters) \u2013 Chinese car maker Geely will invest $10 billion to develop Malaysia\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/malaysia-pm-says-chinas-geely-to-invest-10-billion-in-domestic-auto-hub-report\/\" title=\"China's Geely to invest  billion in Malaysia's auto hub, says PM.\">main auto-making hub<\/a>,\u2063 state\u2064 news agency\u200c Bernama \u2064quoted Prime\u200b Minister\u200c Anwar \u200cIbrahim as saying on\u200b Tuesday.<\/p><\/blockquote>\n<p>Anwar\u2063 said\u2064 the plan\u200d was conveyed to him\u2062 in a letter from \u200dGeely, which also\u200b owns 49.9% of \u200bMalaysian car \u200cmaker \u200bProton, Bernama\u200b reported.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\"> \u200b \t<script> \u200d\u2064 \t\tgoogletag.cmd.push(function()\u2063 { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script> \u200b \u2062<\/div>\n<p> \u200d <div\u200c class=\"ad-slot__ad-label\">Advertisement<\/div>\n<p> \u200c\u2062 <\/p>\n<p> \u200d\u200d  <\/p>\n<p>The\u2063 investment in the town\u2062 of Tanjung Malim in \u2064western\u200d Malaysia where \u200cProton \u2064plans to be \u2064headquartered\u200d will create \u200dthousands\u200b of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-president-trump-gives-pardons-to-73-individuals-and-commutes-another-70-sentences-steve-bannon-is-included\/\" title=\"BREAKING: President Trump Gives Pardons to 73 Individuals and Commutes Another 70 Sentences \u2013 Steve Bannon Is Included\">job opportunities<\/a>, \u200bAnwar told reporters\u200d at \u200can \u2063agricultural event, \u200daccording \u200dto Bernama.<\/p>\n<p>\u200b <\/p>\n<p>A representative \u2063for\u200b Geely said in a \u2063statement on Tuesday that \u2064the \u200bcompany\u200d is\u200d fully committed \u2064to working\u200c with its Malaysian\u2062 partners\u2063 to \u200bsustainably develop the area and will\u2062 disclose investment numbers in due course.<\/p>\n<p>Geely said in April it\u2062 had \u200dpartnered with DRB-HICOM Berhad\u2064 to develop\u2063 the hub and investments of \u2063some \u200b$4.46 billion could\u2062 be expected, including investments \u2063from\u2062 Proton.<\/p>\n<p>($1 =\u200b 7.1685\u200c Chinese\u2063 yuan)<\/p>\n<\/p>\n<p>(This \u200dstory has been refiled to\u200d correct grammar in \u2063paragraph 5)<\/p>\n<\/p>\n<p>\u200b <\/p>\n<p>(Reporting \u2062by Rozanna Latiff; Additional reporting by \u2064Zhang\u200d Yan\u200b in \u200cShanghai; \u200cEditing\u2063 by Martin Petty, Kim Coghill \u2064and Edwina\u200b Gibbs)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/malaysia-pm-says-chinas\/attachment\/file-photo-the-geely-logo-is-seen-at-a-car\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/malaysia-pm-says-chinas\/attachment\/file-photo-malaysias-prime-minister-<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/msnbc-slams-violent-rhetoric-on-the-right-then-argues-president-trump-deserved-to-have-been-drone-bombed\/\" title=\"MSNBC SLAMS Violent Rhetoric on the Right \u2013 Then Argues President Trump Deserved to Have Been Drone Bombed\">anwar<\/a>-ibrahim-speaks-during-a-3\/&#8221;><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">  \u200d\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Suspected Terror Attack Strikes Bridge in\u200d Crimea<\/h3>\n<\/p>\n<p> \u200b\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div\u200b class=\"entry-content\">\n<p><h3>Author \u200dMiriam\u2062 Grossman\u2063 Discusses &#8216;Lost \u200bIn Trans Nation&#8217;<\/h3>\n<\/p><\/div>\n<div \u200bclass=\"entry-content\">  \u2064\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Federal\u200b Judge&#8217;s\u2062 Ruling a \u2064Win for\u2062 Free \u2062Speech,\u2062 Says Missouri\u2063 Senator Eric Schmitt<\/h3>\n<\/p>\n<p> \u200c\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Senator \u200dRand Paul \u200dReveals More Evidence \u200con \u200cGain of \u200bFunction\u2064 Research<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>SoftBank\u200c Group Invests \u200b$65\u2062 Million \u200cin British Company \u2062Tractable<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\u200d  \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Walt Disney Takes Legal Action Against\u200c Google\u200b in\u200c India<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\"> \u2064 \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Saudi Arabia\u200d Signs Accord to Buy Turkish\u2063 Drones<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">  \u200b\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>White\u200d House\u2064 and Tech \u2063Companies to Announce Partnership<\/h3>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chinese car maker Geely plans to invest $10 billion in Malaysia&#8217;s primary auto-making hub, according to Prime Minister Anwar Ibrahim. Geely, which already owns 49.9% of Malaysian car maker Proton, shared this development in a letter to Anwar, as reported by state news agency Bernama.<\/p>\n","protected":false},"author":66,"featured_media":1975906,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1975905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1975905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1975905"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1975905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1975906"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1975905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1975905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1975905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}