DRB-Hicom and Geely are not the only investors in AHTV

DRB-Hicom Bhd has clarified that the RM32 billion expected investment in the development of the Automotive High-Tech Valley (AHTV) in Tanjong Malim will not be solely from the project's main promoters, DRB-Hicom and Zhejiang Geely Holding Group Co Ltd (Geely).

Instead, it is a collective investment that includes other foreign and local investors, the group said in a statement today...