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Chery invited to discuss investment and development plans with PM Anwar in China

CY Foong · Apr 3, 2023 11:00 AM

Chery invited to discuss investment and development plans with PM Anwar in China 01

On 29-March 2023, Prime Minister Datuk Seri Anwar Ibrahim visited China for the first time to discuss the exchange between Malaysia and China in economy and trade. Executives of Chery International were also invited to have an in-depth discussion with the PM’s envoy during his visit.

Chery invited to discuss investment and development plans with PM Anwar in China 02

Discussions were held between representatives of Chery International and the Minister of International Trade and Industry of Malaysia (MITI), Tengku Datuk Seri Zafrul Tengku Abdul Aziz on the investment plan and development direction in Malaysia.

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Chery invited to discuss investment and development plans with PM Anwar in China 01

Malaysia highly recognises Chery’s international corporate strength and showed great interest in this investment plan. The Anhui-based carmaker was also invited to participate in the round table conference with PM Anwar and the Malaysia-China Business Forum which was held on 1-April.

Chery invited to discuss investment and development plans with PM Anwar in China 02

Chery is planning on making a return to Malaysia after being on hiatus for 5 years. It is reported that Chery has set up a wholly-owned subsidiary in Malaysia which is scheduled to be unveiled in the second quarter of this year.

The Chinese carmaker was reportedly in the final stages of negotiations with Inokom to start local assembly (CKD) of its models which includes the Chery Omoda 5 and the Chery Tiggo 8 Pro.

Also read: Inokom to assemble Chery for Malaysia, CKD plans for Jaguar Land Rover rumoured

Chery invited to discuss investment and development plans with PM Anwar in China 03

To recap, the Omoda 5 will be pitted against the Honda HR-V while the Tiggo 8 Pro would be a 3-row SUV rival against the upcoming Proton X90.

Also read: Chery says Tiggo 8 Pro and Omoda 5 are superior to Japanese SUVs, will win hearts of Malaysians

CY Foong

Writer

Traded advertising for a career that fits his passion for cars. Enjoys spotting cars during his free time and has a soft spot for Japanese Kei cars but drives a thirsty manual sedan.

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