ADVANCING THE AEROSPACE MANUFACTURING SECTOR IN MALAYSIA – 15 NOVEMBER 2016
- Malaysia’s aerospace manufacturing sector has grown tremendously with a total turnover of RM6.8 billion in 2015, compared to RM600 million in 2009. The strategies to bring quality investments into Malaysia have significantly contributed to the growth of this sector.
- The aerospace manufacturing sector is currently employing 8800 workers and is expected to contribute RM21.2 billion in terms of industry turnover by 2030. This target was set under the Malaysian Aerospace Industry Blueprint 2030 launched last year during the Langkawi International Maritime and Aerospace Exhibition (LIMA).
- Malaysia is currently the single source (single supplier) of specific composites parts to Airbus and Boeing. More than 50% of the composite wing parts for Airbus A320 and Boeing B737 are being supplied from Malaysia.
- Spoiler & Leading...