IMA Meter

The Ministry of International Trade and Industry has issued a statement saying it has not issued new Open APs to a company, which is most likely the newly formed Premier Hybrid Cars Sdn Bhd manned by Putera UMNO exco member Datuk Shahrin Zahari and son of Mofaz director Nik Iruwan Nik Izani.

It clarified that news reports stating the company had received new Open APs was inaccurate, and that the freezing of issuing new Open APs is still in place. The new company had actually applied for 1,200 Open APs for the distribution of hybrid cars in Malaysia but the ministry had yet to consider the application.

Then the ministry subsequently contradicted itself in saying that it had given 20 Open APs to the company for “market testing” for the introduction of hybrid technology in Malaysia, something that Honda Malaysia Sdn Bhd had already done last year complete with full technical backing on how to maintain the hybrid cars.

MITI also added that it is looking into measures and incentives to encourage local and foreign investment to make Malaysia a regional hub for producing hybrid cars. This comes a few weeks after Toyota Motor Corporation announced it would be building the Toyota Camry Hybrid in Thailand.

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