Malaysian automaker Perodua set to build factory worth US$257 million

Managing Director Aminar Rashid says the new plant, located next to Perodua's factory in Rawang on the outskirts of Kuala Lumpur, will have an initial production capacity of 100,000 units when completed by mid-2014. The existing plant has an output of 200,000 units a year.

He said Thursday the new plant will have modern systems to boost efficiency and bolster Perodua's competitiveness to tap the global market. Its exports are currently minimal at 10,000 units a year.

Perodua, which is partly owned by Japan's Daihatsu Motor Corp., is the top selling car brand in Malaysia with a 31-percent share of the domestic market.

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