KUALA LUMPUR, March 8 (Bernama) — The Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA) are taking proactive and positive steps in response to Goodyear’s decision to close its manufacturing facility in Shah Alam. It’s essential to highlight the ongoing strategic dialogue between MITI, MIDA, and Goodyear that precedes this announcement. This dialogue, a testament to our collective preparedness, has ensured that the closure aligns with broader strategic objectives and exemplifies the adaptability and strength of our partnership.
Importantly, Goodyear, alongside its shareholders, has been in close coordination with the Government well before this decision was publicised, working diligently to establish a support framework for the employees. This pre-emptive collaboration demonstrates our collective commitment to the well-being of the workforce, underlining that our efforts to assist the affected employees is undertaken with foresight and responsibility.
