Petronas has sealed a deal with Chinese automaker Nanjing Automobile Corporation and Brilliant Culture Group Ltd to jointly manufacture car engines.
“The project is scheduled to take off in December 2006 with production expected to commence in 2009 with an annual production capacity of 100,000 units,” Malaysia's national oil corporation said in a statement today.
Petronas said it will be the technology provider to the project and will provide support through its research and development centre in Malaysia. It did not state the value of the contract. - AFP
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