Qatar signals its interest in new national car project

Qatar signals its interest in new national car project

The government has yet to reveal the company that will be responsible for the new national car project (NNCP), but there seems to be no shortage of interest from parties – and countries – in the project. Earlier this month, the United Kingdom said it is open to working with Malaysia on development of the third national car, and now, Qatar has stated its willingness to participate in the project.

According to a press statement, Qatar has reiterated the country’s willingness to invest in the project in terms of engine development, components, technology equipment or promotion, Utusan Malaysia reports.

The interest from Qatar is not new – last December, it was reported that a sheikh from Qatar had expressed interest to invest up to US$400 billion (RM1.6 trillion) in the project, although entrepreneur development minister Datuk Seri Mohd Redzuan Yusof was then quick to downplay that aspect, stating that while the Qatar Investment Authority (QIA) said it was interested to invest in the country, there was no specific mention of it being for the project.

After a period of quiet, activity surrounding the NNCP has picked up again. In March, it was reported that Putrajaya had shortlisted two companies to lead the project – earlier this week, the identity of the bidders emerged, with news reports indicating Alam Perkasa Consortium (APC) and Elenvi Otomotif to be in the running to set up the Malaysian International Motor Company (Mimco), which will build electric vehicles that will go on sale in 2022.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Rakyat Malaysia on Jul 31, 2019 at 5:26 pm

    inb4 where got Arab sheikhs willing to part with billion of RMs for donation to us? Ini mesti gomen curi projek ni kan kan kan?

    Like or Dislike: Thumb up 12 Thumb down 3
    • Jeremy on Aug 01, 2019 at 11:56 am

      Everytime I read the the news unfold, I facepalm myself for believe the lie that Najib stole this money.

      Like or Dislike: Thumb up 6 Thumb down 1
    • kleptonite on Aug 01, 2019 at 11:58 am

      Rich generous Arab sheikhs from Ipic dan abrar.

      Like or Dislike: Thumb up 5 Thumb down 0
      • Fordist on Aug 01, 2019 at 5:08 pm

        PH Nigerian prince even more generous. You just need to keep depositing USD$1000 every month to get USD$1Billion in cash soon.

        Like or Dislike: Thumb up 2 Thumb down 1
  • Neat work Malaysia gomen! Real investment coup if getting the ultra wealthy Qataris here.

    By virtue of their substantial auto investments in Fisker Automotive, Volkswagen Group, Porsche and also kelab Paris St Germain.

    Like or Dislike: Thumb up 7 Thumb down 5
    • History Bender on Jul 31, 2019 at 6:17 pm

      So sez the folks who disbelieved that 2.6B came from Arab.

      Like or Dislike: Thumb up 5 Thumb down 1
    • Lolwhut? on Jul 31, 2019 at 6:50 pm

      Lol! Yeah right. Expect another U-Turn statement tomorrow. Our ministers only shiok sendiri making all these fantastic announcement same like that 1.6Trillion investment.

      Like or Dislike: Thumb up 5 Thumb down 3
    • For USD$400Billion, they could buy 2,000 Neymars, why would they bother investing in a blackhole like Madey’s Malaysia?

      Like or Dislike: Thumb up 4 Thumb down 3
  • Black Sheep on Jul 31, 2019 at 7:27 pm

    US$400billion is more than our whole country’s GDP lol

    Like or Dislike: Thumb up 7 Thumb down 0
  • kereta_lembu on Jul 31, 2019 at 9:35 pm

    Massive DONATION in coming!!!

    Like or Dislike: Thumb up 9 Thumb down 1
    • Logical Deduction on Aug 01, 2019 at 1:54 pm

      Quick Bank Negara! You must do your job to stop this generous donation from coming in! Don’t repeat the same mistake like before! Stop it before it come in!

      Like or Dislike: Thumb up 6 Thumb down 2
  • Qatar and turkey are allies. They are at loggerheads against saudi, the other gulf states and egypt, which have recently become friendly with israel. While qatar are fruendly with iran.just so you know what is happening as new national car will have turkey partners.

    Like or Dislike: Thumb up 2 Thumb down 2
  • Peluang pekerjaan should be 1st pririority…graduate will watch this 3rd car prjct closely.

    Like or Dislike: Thumb up 2 Thumb down 1
  • Zenrich MLM on Aug 01, 2019 at 12:15 am

    Definitely Turkey will victory on P³ project with the help of Ungku Aziz

    Like or Dislike: Thumb up 1 Thumb down 0
  • Zenrich MLM on Aug 01, 2019 at 12:16 am

    Definitely Turkey will victory on NNCP with the help of Ungku Aziz

    Like or Dislike: Thumb up 1 Thumb down 0
  • Amran on Aug 01, 2019 at 8:28 am

    What i just wanna do this time is to laugh.. Hahaha.. Qatar again! RM1.3billion tho..

    Like or Dislike: Thumb up 4 Thumb down 2
  • Amran on Aug 01, 2019 at 11:10 am

    This is r. Usd400b? So its real? Or just propa?

    Like or Dislike: Thumb up 4 Thumb down 0
    • Damon Lee on Aug 01, 2019 at 3:31 pm

      I have stopped expecting PH to tell the truth about anything.

      Like or Dislike: Thumb up 5 Thumb down 2
  • Yeah Please bring the car in F&F7 here which in the movie can fly…. Thank you

    Like or Dislike: Thumb up 3 Thumb down 0
  • Not Toyota Fan on Aug 01, 2019 at 4:08 pm

    Will the Arab Prince be someone we know so well? By the name Prince Jho Low? LOL

    Like or Dislike: Thumb up 3 Thumb down 1
    • Fordist on Aug 01, 2019 at 5:06 pm

      Cannot be. Because they said such generous prince never existed. The only prince they know is Nigerian prince. Haha!

      Like or Dislike: Thumb up 2 Thumb down 1
    • Lolwhut? on Aug 01, 2019 at 10:54 pm

      Nobita will next announce the money is real in cold hard cash (uncounterfeited USD bills) waiting the go ahead for shipment and it will come inside a whale called Equanimity. Oops he forgotten that whale has since being sold, now he has no way to transport the money come. Not his fault right? Ini mesti salah Najib kan?

      Like or Dislike: Thumb up 2 Thumb down 1
  • xenone on Aug 01, 2019 at 6:56 pm

    USD 400 bil? It is RM 1,657,600,000,000 and it’s enough to buy 35.5 million units of Myvi. Enough for every Malaysian including babies and still got extra for foreign workers also.

    Like or Dislike: Thumb up 1 Thumb down 0
  • vVivi Zurianti on Aug 02, 2019 at 9:22 am

    Syukur……more donation (again) from Arab country….

    Like or Dislike: Thumb up 3 Thumb down 0
 

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