As the economic gears of 2014 pick-up pace, we must brace ourselves and constantly be equipped to face the challenges ahead. Get excited about these challenges because these are new opportunities for us to excel, demonstrate the Group’s prowess and sharpen our skills and expertise as one of Malaysia’s leading conglomerates. The famous Chinese philosopher and war strategist Sun Tzu once said, “Opportunities multiply as they are seized.” Therefore, let’s lookout for these opportunities in 2014 and seize them.
On that note, I would like to share with you about the National Automotive Policy (NAP) which was unveiled a few days ago. As a major automotive manufacturer in Malaysia, the NAP will have significant impact on DRB-HICOM’s business. The policy will introduce various measures and incentives to attract foreign direct investments (FDI) into the local automotive industry whilst protecting our national car, PROTON.
Aside from this, DRB-HICOM as a Group, will also benefit from other clauses in the policy which include the vehicle inspection policy for commercial vehicles, which will also be expanded to cover passenger vehicles. The inspection will involve the services of PUSPAKOM. Our partnerships with our various foreign vehicle fleets will also put us in good stead as the government liberalises the automotive market to attract foreign carmakers to invest in new manufacturing operations in Malaysia. In view of these developments, DRB-HICOM will be working closely with our automotive partners to ensure that we capitalise on the benefits of the NAP and leverage on the sea of skills and expertise within the Group to take DRB-HICOM to greater heights.