DRB-Hicom: DRB-Hicom, Geely ink MOUs with MIDA, MARii to boost AHTV development

Malaysian conglomerate DRB-Hicom Bhd with its joint venture partner Chinese automaker Zhejiang Geely Holding Group have inked memorandum of understandings (MOU) with two government bodies, namely with Malaysian Investment Development Authority (MIDA) and Malaysia Automotive, Robotics and IoT Institute (MARii) to promote the development of the Automotive High-Tech Valley (AHTV) project in the country.