MALAYSIA: Honda to invest further $US98 million in local manufacturing by 2005
Agence France-Presse cites Honda saying on Thursday that it would expand its Malaysian presence by investing 374 million ringgit ($US98 million) in its manufacturing operations by 2005. The company has already invested 180 million ringgit in an 80-acre factory in southern Melaka state, which will be officially opened by Prime Minister Mahathir Mohamad on January 17.
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