KUALA LUMPUR, Feb 19 (NNN-BERNAMA) – Malaysia seeks to gain from China’s technology in the aviation sector, to play a bigger role in global supply chain in the sector, an official said, today.
“China’s fast-growing aerospace industry will bring new opportunities and new dynamics, which Malaysia hopes to tap into,” Deputy Minister of Investment, Trade and Industry, Liew Chin Tong, said, in his keynote speech at the Malaysia-China Aviation Forum 2024.
“Malaysia already has a credible and meaningful presence in aviation material and aircraft parts and components manufacturing. We hope to do more and be a more important part of the global supply chain,” he added.
The forum underscores a collaboration that brings together Chinese expertise and Malaysia’s aspiration, to be an indispensable part of the global aerospace industry supply chain.
Based on the Malaysian Aerospace Industry Blueprint 2030, Malaysia aims to be the main aerospace nation in Southeast Asia, as well as, an integral part of the global market by 2030, with an expected annual revenue of 55.2 billion ringgit (11.5 billion U.S. dollars) and over 32,000 high-income jobs created, according to Liew.– NNN-BERNAMA
