China's Geely to invest $10b in Malaysian auto city: report

China's Geely to invest $10b in Malaysian auto city: report

FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China April 25, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Chinese automobile manufacturer Geely will invest $10 billion to turn Tanjung Malim in the Malaysian state of Perak into a major auto-making hub, Malaysian Prime Minister Anwar Ibrahim said on Tuesday, according to state news agency Bernama.