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KUALA LUMPUR: National car maker, Proton Holdings Bhd (Proton) has spent over RM200 million for the construction of its new stamping facility in its Tanjung Malim plant, which is expected to be completed by the third quarter of 2022.
In a statement today, Proton said the facility would house a new Superlarge press machine to further enhance the company’s stamping abilities. More significantly, it is part of Proton’s overarching plan to increase the levels of localisation, both for current and future models,” it said, adding that the new facility is part of the company’s plan to make Tanjung Malim a world-class manufacturing plant.