View issues with Tan Seng Giaw

Wednesday, May 31, 2017

Proton and subsidies

In 1983, I said in Parliament that Malaysia was not able to support Proton. In 34 years, has it lost RM15 billion or more? The subsidies RM4 billion? Now, it has sold 49.9%shares to Geely. This is the natural outcome. The company should look after thousands of employees (12000?) and workers (50000?)  in the downstream indusries. We hope that the new company will do better.



Post a Comment

<< Home