Malaysia’s Budget 2022 (Bajet 2022) will be tabled by finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz in parliament at 4pm today. As with previous editions, we will be monitoring the finance minister’s speech for any automotive- and transport-related matters.
It was previously said that initiatives to strengthen the local electric vehicle (EV) industry and green technology ecosystems are to be announced in Budget 2022, in line with the low carbon mobility objectives and green mobility agenda outlined in the recently-revealed 12th Malaysian Plan (RMK-12). Will there be incentives and carrots for EV makers and us consumers?
We’ll also be on the look out for public transport and infrastructure news. Live updates will be posted here, so stay tuned.