BUSINESS 17/09/2023 08:49 PM IPOH, Sept 17 (Bernama) -- The Perak state government has successfully boosted the investment value in the Automotive High-Technology Valley (AHTV) project in Tanjung Malim to RM40 billion from RM32 billion previously. Perak Menteri Besar Datuk Seri Saarani Mohamad said the increase was driven by Proton Holdings Bhd's (Proton) move to relocate its operations from Shah Alam to Tanjung Malim, bringing with it new and existing Proton vendors. 'When Proton and Geely said they will manufacture electric vehicles (EV), inadvertently, the move will increase the number of EV vendors,' he told a press conference after officiating the Karnival Mesra Anak Muda (KAMU) 2023 here, today.

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