Friday, April 13, 2012 6:00 AM
Govt updates status of revised NAP proposal
PUTRAJAYA: The Cabinet will soon receive the final proposal on the revised National Automotive Policy (NAP).
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the final proposal was being drafted following the conclusion of negotations and dialogues with all related parties.
"We've done our consultations. This time around, it was an extensive one where it included all branches from the car companies, to vendors, banks and the consumers.
"We will be presenting the papers to the Cabinet soon," he told reporters after launching a students forum here on Thursday.
Mustapa said the revised NAP would transform the local automotive landscape and allow the market to be more open and liberalised.