Chinese electric vehicle (EV) company BYD has selected Perak’s KLK TechPark in Tanjong Malim for its first automotive assembly plant in Malaysia. The assembly facility will span approximately 150 acres and is slated for completion by the end of 2026, becoming a key part of KLK TechPark’s development, which is projected to generate MYR 3.5 billion (approx. USD 830 million) in gross development value over the next decade. The plant will assemble EVs through a completely knocked down (CKD) process, with BYD aiming to leverage this facility to support Malaysia’s growing EV market and green mobility ambitions.
KLK TechPark, covering 1,500 acres, is strategically situated near the Automotive High-Tech Valley and has excellent connectivity with direct access to the North-South Expressway. This makes it an ideal hub to support the sustainable automotive ecosystem envisioned for Perak, encompassing EVs, batteries, components, logistics, and research sectors. The project is expected to create between 10,000 and 20,000 jobs over time, boosting regional economic growth and solidifying Tanjong Malim’s status as a leading automotive cluster in Southeast Asia.
BYD’s presence at KLK TechPark complements the ongoing development of Malaysia’s electric vehicle industry, where the company remains the leading EV brand. The collaboration between BYD, KLK Land, and Malaysian authorities is also aimed at boosting technology transfer and integrating local suppliers into the EV value chain, helping to position Malaysia as a competitive player in global EV manufacturing. This move aligns with Malaysia’s aspirations to achieve net-zero carbon emissions by 2050 by advancing green technology and smart transportation solutions through landmark investments like this one.
(Sources: Digi Times Asia, Free Malaysia Today, The Star)