Proton to double local parts purchase to RM8 billion by 2030, including technology transfer to vendors

Proton to double local parts purchase to RM8 billion by 2030, including technology transfer to vendors

Proton aims to more than double local procurement value from Malaysian vendors to RM8 billion by 2030, from RM4 billion attained last year, the carmaker has stated. This is aimed at adding economic value, facilitate technology transfer to local vendors as well as to create more opportunities for skilled employment, according to Proton. Proton’s sales volume targets will go towards that increase in local procurement, as it has outlined its aim of…