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AHTV Development in Tanjung Malim Achieves RM7 Billion in Investments by 2026

Tanjung Malim:The Automotive Hi-Tech Valley (AHTV) in Tanjung Malim, Perak, has achieved realised investments amounting to RM7 billion for the period from 2018 to 2026. This figure represents 23.3 percent of the projected RM30 billion in total investments anticipated by 2035, with contributions from various partners, including Geely.

According to BERNAMA News Agency, Deputy Investment, Trade and Industry Minister Sim Tze Tzin highlighted the rapid growth in job creation within AHTV, spurred by the pace of investment and infrastructure development. The workforce, which started with approximately 2,000 individuals in 2018, has expanded to 9,300 by 2026, with a projection to reach 22,800 by 2030.

Sim was addressing a query from Tan Kok Wai (DAP-Cheras) regarding the number and detailed list of projects realized under Geely's US$10 billion investment commitment in Tanjung Malim. He noted a significant milestone with the complete upgrade of Proton's manufacturing facilities in the area, which now includes expanded production capacity, enhanced production capabilities, and the manufacturing of new engines and transmissions incorporating advanced technology.

Looking towards 2025-2026, Sim stated that the development and upgrading of industrial facilities at AHTV will encompass electric vehicle production plants, increased engine production capacity, metal stamping facilities, new logistics centers and warehouses, and research and development testing laboratories.

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