Hino to set up truck and bus manufacturing plant in Malaysia, a joint venture with MBM Resources

Hino to set up truck and bus manufacturing plant in Malaysia, a joint venture with MBM Resources

Hino Motors, the truck and bus maker from Japan, has entered into a joint-venture agreement with long-time partner, MBM Resources Berhad (MBMR), to establish its first manufacturing plant in Malaysia.

Hino will hold a 58% stake in the JV company, Hino Motors Manufacturing (Malaysia) Sdn Bhd, while the balance will be owned by MBMR. The plant, which will involve an initial investment of RM140 million, will be located on a 42-acre site in Sendayan TechValley, Negeri Sembilan. Construction is scheduled to begin in February 2013 and end early 2014.

With an annual production capacity of around 10,000 units, the factory will manufacture the full range of Hino products comprising small, medium and heavy duty trucks, as well as buses for the Malaysian market.

“This strategic investment to set up a manufacturing plant here, we expect, will further strengthen our market leadership in the commercial vehicle segment in Malaysia where there is a growing demand for Hino products,” said Hino Motors Ltd President, Yoshio Shirai.

The JV with Hino is another boost for MBMR’s automotive division, which also counts Perodua, Daihatsu, Federal Auto and Oriental Metal Industries as members.

“While we are happy to see the natural extension of our partnership, we are even more excited that Hino has decided to make the Sendayan plant a full-fledged manufacturing facility. This means that a lot of world-class manufacturing and quality control processes will be put in place. This can only be good for the local automotive industry,” MBMR Group MD Looi Kok Loon said.

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • optimus on Oct 01, 2012 at 1:38 pm

    nice!

    Like or Dislike: Thumb up 0 Thumb down 0
  • this is good for Malaysia market and investor

    Like or Dislike: Thumb up 1 Thumb down 0
  • makky on Oct 02, 2012 at 10:10 pm

    Bring in the 4×4 version to Sarawak please!

    Like or Dislike: Thumb up 0 Thumb down 0
  • shambhu singh yadav on Jul 27, 2016 at 11:20 pm

    Good performance hino

    Like or Dislike: Thumb up 0 Thumb down 0
  • I loved as much as you will receive carried out right here.
    The sketch is attractive, your authored material stylish.

    nonetheless, you command get bought an shakiness over
    that you wish be delivering the following. unwell unquestionably come further formerly again as exactly the same nearly very often inside case you shield this hike.

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required