Tuesday, February 14, 2006

MOU between Mitsubishi and Proton

According to a press release on Mitsubishi's website, they have signed a memorandum of understanding with Proton Holdings Berhad for wider areas of corporation between the two companies.

This event was witnessed by Datuk Seri Rafidah Aziz, Minister of International Trade and Industry.

The agreement includes cooperation in the following areas:
· Product development of new Proton vehicles
· Supply of components between Proton and Mitsubishi
· Technical support for production engineering and quality control
· Optimization of Proton's manufacturing facilities

Read the full press release here.

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