The Naza Group still has plans to list the company on the stock exchange. The listing exercise is to raise funds to build a new plant in Bertam, Penang which is estimated to cost about RM1.2 billion as well as new model development.
The plant was announced in 2005 and will have an annual production capacity of 100,000 cars. “It is still on. There is no delay actually. Sometimes, it is the market situation,” said Naza Group head Tan Sri Nasimuddin SM Amin.
It is also expanding it’s Gurun plant, but no targeted production capacity was mentioned. Tenders have been opened for works related to the plant expansion. The Gurun plant currently makes 50,000 units a year.
After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.
Hope this is a good thing
Why at Penang? Not at Ipoh or Kuantan?
What is Nazi thinking about?
Lands at Penang are not much and getting expensive, Location wise also far from Klang and KL, there must be some stories behind.
Penang have good infrastructure…
- Penang Port
- International Airport
- Highway
– Timur barat highway (Bukit mertajam – Kulim & etc)
– North South highway
- Gas piping
- Etc..
Ermmm…what game is Naza playing right now..?
Naza is getting sick right now. Production in Gurun just on for 4 days a week….stockpiling is getting more…sales dropping…people using this brand getting sick with it…thanks for the great SCAM declaring it as national car…downgrade parts from China…high cost on fuel comsumpion…higer service and parts cost than any other car….
Now thinking of R&D….hmm not happy with current marriage…???
This man is an entrepreanour. He has vision, a long one. Furthermor NCER just launched a few months ago. He know what he is doing. Maybe it will be the Kia hub for sout east asia. Think positive. Furthermore he has a ‘strong’ support from someone right.
what??????????
stay korean car..
bla….bla….bla….
this man is bloody smart. the picanto comes in with the doors and tailgate detached and voila! it’s a CKD! fix the doors and tailgate, swap the emblem, and you have built a national car – and still have a healthy margin. very smart.
#
BigCar said,
August 23, 2007 @ 12:34 pm
Penang have good infrastructure…
- Penang Port
- International Airport
- Highway
- Timur barat highway (Bukit mertajam – Kulim & etc)
- North South highway
- Gas piping
- Etc..
——————————————-
Guys , I am kinda agree with actioncenter2u.
Why those Nazis try to setup their plant in expensive land?
Even Proton ran away from Tanjung Malim just to ensure their overhead is lower, so they can produce cheaper cars.
I think BigCAr is trying to tell us :
- Penang Port (make sense because they are going to export to India, so why not build a plant in India? Lots cheaper from Penang what???)
- International Airport (WTH this infra has to do with car production? making the price higher?)
- Highway, (selling the car at R&R?)
- Timur barat highway (Bukit mertajam – Kulim & etc) – So Naza can sell to the monkeys, Elephant, Tiger, Willboar etc.
- North South highway – I have no ideaaaaaaaaaaaaa
- Gas piping (Naza will transport the car using Petronas Pipeline)
Conclusion
BigCAR is CLUELESSSSSSSSS
Correction Proton ran from SA to Tanjung Malim
another correction.. proton still in SA.