21-05-2025
EXIM Bank Malaysia Forge Strategic Partnerships with NAICO and PWN Excellence to Propel Aerospace Industry Growth
LANGKAWI, May 21 (Bernama) -- In a significant move to elevate Malaysia's aerospace ambitions, Export-Import Bank of Malaysia Berhad (EXIM Bank) today formalised two strategic partnerships, one with the National Aerospace Industry Corporation Malaysia (NAICO) and another with PWN Excellence Sdn. Bhd. (PWNE), to drive innovation, financing accessibility, and global competitiveness in the nation's aerospace ecosystem.
The partnerships, a Memorandum of Understanding (MoU) with NAICO and an Islamic Financing Facility Agreement with PWNE were signed during the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025 and witnessed by YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI). Together, these partnerships establish a framework that connects financial support with industry development, ensuring Malaysia's aerospace sector has the necessary resources to scale globally.