Perodua Investment Targets Global Quality, Productivity, Cost

Malaysian auto maker Perodua plans RM2.3 billion ($743.2 million) in capital expenditures over the next five years to upgrade all of its operations, as it seeks to fulfill its vision of becoming a global player.

Perodua Managing Director Aminar Rashid Salleh says the centerpiece of the plan, a RM790 million ($225 million) state-of-the-art manufacturing plant to be run by a subsidiary called Perodua Global Mfg., will be operational by mid-2014 with an expected capacity of 100,000 vehicles a year on one shift.

The plant is part of a collaboration between Perodua and longtime partner Daihatsu.

“So far, everything is per schedule, and Perodua will start the hiring process of employing 1,200 people soon,” Aminar says in a statement.

With the completion of the 699,654-sq.-ft. (65,000-sq.-m) plant, he says the entire Perodua group will be poised to boost its quality, efficiency, productivity and cost measurements to global standards.