Automotive firms eye KLK TechPark after BYD drops site plans
BYD says it is continuing its local assembly plans through a Malaysian partner, with discussions at an advanced stage.
Several automotive companies have shown interest in investing at KLK TechPark in Tanjong Malim after BYD abandoned plans for a local assembly plant there, Perak menteri besar Datuk Seri Saarani Mohamad said, according to Bernama.
Saarani said the park was discussing opportunities with several parties to replace revenue lost following BYD’s withdrawal. Investors across different sectors were being considered for the site, he added.
BYD Malaysia MD Jacob Ma said the company had dropped the Tanjong Malim location but was still pursuing local assembly. He said talks with an established Malaysian assembly partner were at an advanced stage and documentation was being finalised. The partner was not named, and Ma said an official announcement would follow once arrangements were in place.
According to The Edge, Kuala Lumpur Kepong subsidiary KLK Land launched the 1,500-acre park in September 2025. BYD had been named its Phase 1 anchor investor, proposing a facility covering 150-acre.
