German luxury car maker BMW today unveiled plans to expand in Malaysia as part of moves to strengthen its presence in Asia where it plans to double sales to 150,000 units in the next five years.

BMW will invest RM93 million to set up a wholesale company in Malaysia and two regional centres for information technology and parts distribution, said group senior sales vice president Lueder Paysen.

Paysen said BMW would relocate its regional parts distribution centre from Singapore to the Port of Tanjung Pelepas in Johor by mid-2004 due to the higher sales potential in Malaysia, which is the biggest car market in Southeast Asia.