A total of RM7 billion in investments has been realised at the Automotive High-Tech Valley (AHTV) in Tanjong Malim since 2018, while its workforce had grown to 9,300, reported The Star.
The investments included contributions from Geely, representing 23.3% of the RM30 billion estimated for the overall development of the AHTV through 2035, said deputy ministry of investment, trade and industry Sim Tze Tzin.
The workforce at AHTV had grown from approximately 2,000 employees in 2018 to 9,300 this year, and this number is projected to grow to reach 22,800 by 2030, Sim said.
“The total investment associated with the development of the AHTV ecosystem is estimated at RM30 billion through 2035. This includes investments already realised, ongoing investments and developments planned for the future,” Sim told the Dewan Rakyat today, the report wrote.
