National Automotive Plan

Topics: ASEAN, International trade, Free trade Pages: 4 (1041 words) Published: November 15, 2012
National Automotive Policies (NAP)
The National Automotive Policy (NAP) was introduced on 22 March 2006 to facilitate the required transformation and optimal integration of the local automotive industry into regional and global industry networks within the increasingly liberalized and competitive global environment. The objectives of the NAP review were to:

* ensure orderly development as well as long term competitiveness and capability of the domestic automotive industry as a result of market liberalisation; * create a conducive environment to attract new investment and expand existing opportunities; * enhance the competitiveness of the national car manufacturer through strategic partnership; * foster the development of the latest, more sophisticated technology in the domestic automotive industry; * develop high value-added manufacturing activities in niche areas; * enhance Bumiputera participation in the domestic automotive industry; * improve safety standards for consumers and promote environment-friendly opportunities; and * enhance the implementation of current NAP's policy instruments.

The National Automotive Policy (NAP) that relevant to Encik Saiful Alawi makes decision whether is not Proton collaborates with a strong foreign partner in order to strengthen its technology base, financial capability and marketing reach. The NAP that relevant are: 1) Malaysia –The regional Opportunities under the ASEAN Free Trade Area (AFTA) In line with Malaysia’s commitment under AFTA and to encourage competitiveness in the automotive industry, import duties on imported vehicles Completely Built Unit (CBU) and locally assembled vehicles Completely Knocked Down (CKD) vehicles from ASEAN countries have been reduced to 5% and 0% respectively. For vehicles from non-ASEAN countries, the import duties on CKD vehicles have been reduced to 0% -10% whereas import duties on CBU vehicles were reduced to 30%. Trade liberalisation within ASEAN...
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