Malaysia is home to 240 aerospace companies. Together, they export over USD2 billion worth of goods annually, reflecting the segment’s strength in maintenance, repair and overhaul (MRO) services. Their primary exports are fuselages, empennages and wing components. Now, the Malaysia Aerospace Industry Association (MAIA) together with MIDA and other relevant Government agencies are on a quest to transform the country into Asia’s premier aerospace hub. If the Digital KLIABC 2020 conference to reach the industry players, secure potential sales of USD34 million is anything to go by, that quest is well in progress. .Read more
