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Reliance on imported latex may be a factor, says Zahid on Goodyear plant closure

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Putrajaya is planning to boost the country’s latex production soon, a move aimed at reducing revenue loss to import.

According to Deputy Prime Minister Ahmad Zahid Hamidi, Malaysia imports RM6 billion worth of latex annually despite it being a major rubber producer.

The high reliance on imported latex was also believed to be a factor behind Goodyear closing its tyre production plant in Shah Alam, he said.

Video source:
https://www.youtube.com/watch?v=ytvCOn-eCBw&t=0s
Category
TV Saluran - TV Channel
Tags
Kinitv, Malaysia, politics
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