Strategic MoU Signed Between PACDB, Baiyuzen Holding & IMT-GT At Dubai Airshow 2025
In a major step forward for regional aerospace collaboration and cross-border economic integration, Pahang Aerospace City Development Berhad (PACDB), Baiyuzen Holding Sdn Bhd, and the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) today formalised a landmark Memorandum of Understanding (MoU) at the prestigious Dubai Airshow 2025.
The ceremony, held at the Malaysian Pavilion, was attended by senior government officials, international investors, industry leaders and dignitaries. The signing was officially witnessed by the Malaysian Ambassador to the United Arab Emirates, H.E. Tengku Dato’ Sirajuzzaman Tengku Mohamed Ariffin, underscoring Malaysia’s strong diplomatic presence and commitment to strengthening global aerospace partnerships.
Advancing High-Impact Regional Aerospace Development
The MoU sets out a comprehensive framework for collaboration focusing on major regional development pillars:
Accelerating Development of Pahang Aerospace City (PAC)
PACDB will lead the transformation of Pahang Aerospace City into a next-generation aerospace and aviation hub featuring:
– Aircraft Maintenance, Repair & Overhaul (MRO)
– Aerostructure and advanced manufacturing industries
– Space and satellite technology integration
– Aviation training and talent development
– Green, sustainable airport and mobility ecosystems
Strengthening IMT-GT Cross-Border Connectivity
This collaboration aligns PAC’s strategic direction with IMT-GT’s regional agenda, supporting:
– Enhanced aerospace supply-chain connectivity
– Catalysing infrastructure financing
– Technology transfer and innovation ecosystems
– Integration of halal and green industry standards across IMT-GT member regions
Baiyuzen Holding’s Role in Strategic Investment Mobilisation
As a recognised member of the IMT-GT Joint Business Council (JBC), Baiyuzen Holding will lead:
– Multi-currency capital mobilisation
– Private sector investment participation
– International partnership facilitation
– Corporate finance structuring including sukuk, MTN and project-based financing frameworks
Leadership Perspective
Quote from Tok Muda Mukriz, Chairman of Baiyuzen Holding Sdn Bhd:
“Baiyuzen Holding is proud to lead the strategic investment framework for this transformative initiative. With PACDB and IMT-GT, we are building a long-term foundation for a world-class aerospace hub that will unlock new economic value, attract global investors, and position Malaysia as a key player in the regional and international aviation landscape.”
Strengthening Malaysia’s Position in the Global Aerospace Ecosystem
This collaboration reinforces Malaysia’s commitment to future-ready aerospace development, strengthens the IMT-GT region’s competitiveness, and positions PAC as a strategic hub for international investment, technology partnerships and long-term industrial growth.