KUALA LUMPUR: Any bumiputera company, including companies that have never been involved in automotive activities, can apply to be appointed as an Open AP company to engage in vehicle importation and sales activities in Malaysia, effective July 1.
"The implementation of this policy is expected to attract more bumiputera companies to engage in the automotive industry. The increase in the number of companies will make this segment more competitive," the ministry said in a statement today. Therefore, MITI invites interested and eligible bumiputera companies to apply with the guidelines, application form and checklist which can be consulted at https://www.miti.gov.my/index.php/pages/view/3796.
Automotive MITI Open AP Bumiputera Companies
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