KUALA LUMPUR, Oct 27 (Bernama) -- The development of the Automotive Hi-Tech Valley (AHTV) in Tanjung Malim, Perak, has recorded realised investments totalling RM7 billion for the 2018-2026 period, representing 23.3 per cent of the projected RM30 billion in total investments expected by 2035, with contributions including those from Geely.
Business : AHTV Development Records RM7 Bln In Realised investments From 2018-2026 -- Sim
Sim Tze Tzin, Geely, AHTV, Tanjung Malim, economy
Key takeaways
The Automotive Hi-Tech Valley in Perak has recorded RM7 billion in realized investments from 2018 to 2026, reaching 23.3 percent of its 2035 target. Deputy Minister Sim Tze Tzin highlighted significant workforce growth and ongoing infrastructure upgrades, including electric vehicle production facilities.
- Realized investments at AHTV reached RM7 billion, representing 23.3 percent of the projected RM30 billion total by 2035.
- The workforce expanded from 2,000 in 2018 to 9,300 in 2026, with projections to reach 22,800 by 2030.
- Planned upgrades for 2025-2026 include electric vehicle plants, expanded engine capacity, and new R&D laboratories.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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- Bernama Business : AHTV Development Records RM7 Bln In Realised investments From 2018-2026 -- Sim (this story)


