Miti to expedite approval of new car pricing incentive

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KUALA LUMPUR: The Ministry of International Trade and Industry (Miti) says it will expedite the approval of incentives for the pricing of new car models.

“We recognise that this process needs to be made more efficient and are more than willing to work with the Malaysian Automotive Association (MAA) to ensure that the process is speeded up,” deputy minister Dr Ong Kian Ming told reporters after the Cafe Malaysia 2019 exhibition here yesterday.

He said the ministry would schedule a dialogue session with the MAA to facilitate the approval process.

In a statement today, Miti said the decision on the approval of the incentives was undertaken by the Automotive Business Development Committee (ABDC). – Bernama

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