RM40bil AHTV project on track to start next year, says Saarani

IPOH: The automotive Hi-Tech Valley (AHTV) project in Tanjung Malim, Perak, involving an investment of RM40 billion, is expected to start next year, said Mentri Besar Datuk Seri Saarani Mohamad.

He said the state is waiting for the outline of the AHTV development master plan to be submitted by the parties involved, namely DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd (Geely).

Saarani noted that the state was informed of the new master plan during a meeting with Geely yesterday.

"Once we have determined the master plan, we (the state) will be able to launch the next implementation steps.

"There are some matters about land and utility issues involving the Perak Water Board and Tenaga Nasional Bhd as well as regulations related to the Tanjung Malim district council,” he told reporters here today.

"The state will facilitate the implementation of the development as Geely would want to expedite the development of AHTV,” he said.

Previously, Prime Minister Datuk Seri Anwar Ibrahim had said that the AHTV would transform Tanjung Malim into a global automotive hub for new energy vehicles.