Aero Industry

Aero Industry 2022-01-10T10:17:20+00:00

POLICY GOALS

The aerospace industry has been identified to be one of the key elements for Malaysia to become a developed country.

Economics Transformation Programme

ADDITIONAL REVENUE (USD MILLION)

ADDITIONAL JOBS

EPP1 :  MRO

0
0

EPP5 : Engineering Services

0
0

EPP7 : OEM Hub

0
0

EPP8 : Developing SMEs

0
0

AEROSPACE BLUEPRINT 2030

Education & Training

No.1 in SEA in supplying competent workforce.

Engineering & Design Services

Capture at least 3.5% of global market share.

MRO

Capture at least 5% of gobal market share.

Aero-Manufacturing

No.1 in SEA for aerospace parts & component sourcing by targeting to be large sub-assembly, Tier 1 and RSP (Risk Sharing Partner)

Systems Integration

Self reliant (at least 70% local content) in integration and upgrading of strategic assets.

AEROSPACE BLUEPRINT 2030

Education & Training

No.1 in SEA in supplying competent workforce.

Engineering & Design Services

Capture at least 3.5% of global market share.

MRO

Capture at least 5% of gobal market share.

Aero-Manufacturing

No.1 in SEA for aerospace parts & component sourcing by targeting to be large sub-assembly, Tier 1 and RSP (Risk Sharing Partner)

Systems Integration

Self reliant (at least 70% local content) in integration and upgrading of strategic assets.

INDUSTRY OVERVIEW

Annual Revenue

USD 3.93 billion

RM16.2 billion

Export

USD 2.16 billion

RM8.81 billion

Import

USD 3.14 billion

RM12.8 billion

Investments

USD 508 k

RM2.07 million

Companies

240

 

Skilled Workforce

27,500

 

MALAYSIAN AEROSPACE ECOSYSTEM

GOVERNMENT BODIES

MAIA has a close working relationship with NAICO and other relevant government agencies in providing feedback to the government on industry needs and requirements.

Links