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Volvo Malaysia to increase presence in East Malaysia via expansions
Borneo Post ^ | 06/24/2013 | Yvonne Tuah

Posted on 06/23/2013 9:04:51 PM PDT by TexGrill

KUCHING: Volvo Malaysia Sdn Bhd (Volvo Malaysia) through Volvo Trucks Malaysia (Volvo Trucks) is looking to increase its presence in East Malaysia by increasing its sites at various hot spots in the two states.

Speaking at a press conference for Fuelwatch Challenge here, managing director of Volvo Malaysia, Mats Nilsson said, “One of the things we have going on very much, right now, is investments and expansions in Sibu. We are moving to new sites.”

He highlighted that one of the measures Volvo Malaysia is trying to do, is increase its network density in East Malaysia as it is one of the key growth nodes to the group.

“We have to get closer to the truckers so we reduce the average time between the truck driver and the workshop by 15 to 20 per cent. It’s about network density.

“In addtion to the six dealers in East Malaysia, we also have satellite workshops with private partners, supported by these main hubs,” he said.

Additionally, Nilsson said, “We will also have different kinds of dealership upgradings in Sabah and Sarawak.”

He further revealed, with the rapid growth of Sarawak, driven by the development of Sarawak Corridor of Renewable Energy (SCORE), Volvo Malaysia could potentially invest up between RM5 and RM10 million for the expansion of Volvo in East Malaysia, in the next two to three years.

“We see the market is growing. Depending on this growth, it is likely that we will be looking to invest more,” he said.

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TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: malaysiaeconomy
Global business tip
1 posted on 06/23/2013 9:04:51 PM PDT by TexGrill
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