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Mercedes-Benz becomes latest OEM to announce investments in Malaysia

With the opening up of the Malaysian automotive industry and the manufacturing segment, foreign vehicle manufacturers have moved to benefit from relaxed rules and incentives on offer and have announced fresh investments in the country

Exactly a year ago, the Malaysian government unveiled the revised National Automotive Policy (NAP) 2014. This move was primarily aimed at making Malaysia a hub for energy-efficient vehicles through incentives for production of such models. At the time, the country's Minister of International Trade and Industry, Mustapa Mohamed, said NAP 2014 comprised a total financial package of around Ringgits 2bn (US$554.16m).

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