Open AP policy from July 1 to benefit more bumi entrepreneurs

Any bumiputera company, including those 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 Investment, Trade and Industry Ministry said the move is in line with the ministry’s efforts to continue to increase inclusiveness and transparency in the Open AP application process.

“The implementation of...