AppleMark

AppleMark

Mercedes-Benz Malaysia (MBM) has opened a new automotive warehouse in Pekan, Pahang, which prime minister Datuk Seri Najib Razak said will prove beneficial for the people in the area, the New Straits Times reports.

The RM32 million Bumiputera-owned warehouse, a collaboration between local company Nilai Mahir and MBM, is also expected to draw more foreign direct investment (FDI) to the area and, in the long run, bring more benefit for the country and its people, he said.

Speaking at the launching of the warehouse, Najib said that the facility is part of an effort to increase Bumiputera involvement in business while at the same time also helping other Malaysians. “Here is born the efforts by Bumiputera (business) through this CKD (completely knocked down) plant. If we have no competitive edge, Mercedez-Benz would not have relocated to Pekan,” said Najib, who is also Pekan member of parliament.

The warehouse facility, which handles storage of car components and parts, is located at the Automotive Industrial Park in Pekan, where MBM has its production plant. The facility received RM4.76 million from the Bumiputera Agenda Steering Unit’s (Teraju) Facilitation Fund for its development.