Latest news with #MalaysianAerospaceIndustryBlueprint2030
The Star
9 hours ago
- Business
- The Star
Selangor Aero Park unmatched in Asean region for space, says Loke
SEPANG: The Selangor Aero Park (SAP) will complement Malaysia's aspirations to become a leading air cargo hub in the Asean region, says Transport Minister Anthony Loke. "We have the recipe and preconditions said to be unmatched by any other country in the Asean region because KLIA spans 100 sq km. With this space, various plans can be implemented," he said. Loke said there are three parallel runways in KLIA at present, with the potential to construct up to five runways. "There are no other airports in Asean with this space and we also have very good connectivity. "We want to turn KLIA into the main air cargo hub in Asean." said Loke. Loke also said SAP, an effort between MAHB and Mentri Besar Selangor Incorporated (MBI), will become a specific industry zone that targets companies in the aerospace manufacturing and supply chain sector. "This includes the manufacturing of aircraft components and related technology, as well as maintenance, repair and overhaul (MRO) services," he said. Also present during the press conference was Selangor Mentri Besar Datuk Seri Amirudin Shari, who said that GE Aerospace would be the launch tenant at SAP after it secured 100 acres of land in its first phase. "The first day, we are booked by 50%. This is a very good sign for the future," added Amirudin. He also said several MRO companies are in talks to operate with SAP. The SAP is a key component of the Malaysian Aerospace Industry Blueprint 2030 to generate RM55.2bil in annual aerospace revenue and create over 32,000 high-income jobs by 2030. Spanning about 600 acres within the KLIA aeropolis, the park has a potential gross development value (GDV) of RM2.3bil. The first phase of the SAP spans 200 acres and approximately 400 acres will be progressively released beyond 2028 in accordance with infrastructure readiness and investor demand.
New Straits Times
10 hours ago
- Business
- New Straits Times
Selangor Aero Park to bolster Malaysia's bid to become Asean air cargo hub
SEPANG: The development of Selangor Aero Park (SAP) will strengthen Malaysia's bid to become Asean's leading air cargo hub. Transport Minister Anthony Loke said the new industrial development will complement the government's broader ambitions to transform Kuala Lumpur International Airport (KLIA) Aeropolis into a regional aviation and logistics powerhouse. "The concept of the Selangor Aero Park is not only relevant but also aligns with our aspirations to make KLIA more than just a passenger airport. "Our goal is to establish it as the most prominent cargo hub in Asean," he told reporters at the press conference after the groundbreaking ceremony of SAP today. Loke said KLIA has the necessary land area and infrastructure to achieve the aspirations, with a total of 100 square kilometres, one of the largest airport sites in the region. "No other airport in Asean has this kind of scale or connectivity. This gives us a competitive edge, especially in attracting high-value investments in the logistics and aerospace sectors," he said. He said the SAP, a collaboration between Malaysia Airports Holdings Bhd (MAHB) and Menteri Besar Selangor Incorporated (MBI), will serve as a dedicated industrial zone aimed at attracting aerospace-related manufacturing and supply chain industries. "This includes components for aircraft and technologies related to aerospace, including maintenance, repair and overhaul (MRO) services," he said. Loke said existing MRO facilities at KLIA will benefit from the ecosystem created by SAP, as private sector interest in the sector continues to grow. He added that Malaysia is also strengthening strategic partnerships to support its cargo ambitions, including with China. "We have an understanding with China to support KLIA as its Asean cargo hub. This kind of cooperation is key to driving long-term growth," he said. Loke said the Transport Ministry and the Civil Aviation Authority of Malaysia (CAAM) are currently conducting studies to redesign KLIA's airspace and air traffic control systems in anticipation of increased traffic from both passenger and cargo flights. "KLIA is expected to become increasingly busy, and we want to ensure that air traffic management remains efficient and effective," he said. The SAP, a key component of the Malaysian Aerospace Industry Blueprint 2030, is expected to generate RM55.2 billion in annual aerospace revenue and create over 32,000 high-income jobs by 2030. Located within the KLIA Aeropolis, the 600-acre park carries a potential gross development value of RM2.3 billion and will be developed in phases to ensure a well-planned, future-ready investment ecosystem. It will also see GE Aerospace as its launch tenant, securing half of the first phase totalling 100 acres, to develop its engine test cell.
Korea Herald
29-05-2025
- Business
- Korea Herald
Malaysia Gears Up to Lead Regional Drone Innovation with DronTech Asia 2025 Launch
KUALA LUMPUR, Malaysia, May 30, 2025 /PRNewswire/ -- Malaysia took a significant step forward in positioning itself as a regional drone technology hub with the official launch of DronTech Asia 2025, held today at Ujana Ilmu, MATRADE. The event was officiated by YB Tuan Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), alongside YBhg Rear Admiral Fadhil bin Abdul Rahman, Director General, Defence Cyber & Electromagnetic Division, Malaysia Armed Forces, representing the Chief of Defence Force Malaysia, NAICO Malaysia CEO Ts. Shamsul Kamar Abu Samah, Aerosea Exhibitions Chairman YBhg Tan Sri Asmat Kamaludin and Director YBhg Datuk Dr M Gandhi. The soft launch showcased Malaysia's commitment to advancing drone technology through collaboration, talent development and strategic policy support in line with the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030) and New Industrial Master Plan 2030 (NIMP 2030). NAICO Malaysia CEO, Ts. Shamsul Kamar, noted that DronTech Asia 2025 represents a collective ambition to align industry, academia and government in shaping Malaysia's future mobility landscape. The event will serve as a strategic platform for showcasing technological excellence while catalysing cross-border collaboration in areas such as AI-integrated drones, urban air mobility, counter-UAS and regulatory harmonisation. Aerosea Exhibitions Sdn Bhd's Chairman who represents the lead organiser of DronTech Asia 2025 said today "This year's event holds even greater significance as it aligns with Malaysia's ASEAN Chairmanship in 2025. It offers a timely platform to foster regional partnerships and spotlight how drone technology is transforming industries and contributing to ASEAN's digital and economic advancement. The successful inaugural edition in Bangkok last year welcomed 68 exhibitors and 3,482 participants from 41 countries. This year, we're taking it a step further — hosting over 100 participating companies from 15 countries, expecting around 5,000 trade visitors, across 5,500 square metres of exhibition space. I am proud to say that Malaysia is no longer catching up — we are actively setting the pace and establishing ourselves as a serious player in this fast-moving sector." NAICO Malaysia also reaffirms its commitment to talent development, highlighting recent initiatives such as the Pioneer Aerospace Talent Challenge, which featured STEM-based competitions including e-drone racing and aerospace modelling, supported by the Ministry of Youth and Sports and the Ministry of Education. DronTech Asia 2025, set to take place from 30 September to 2 October 2025 at MITEC Kuala Lumpur, will feature exhibitions, high-level forums and regional networking opportunities to accelerate drone adoption, innovation, and investment across ASEAN. National Aerospace Industry Corporation Malaysia (NAICO Malaysia) is an agency under the Malaysian Ministry of Investment, Trade and Industry (MITI), with a mandate to develop and position Malaysia as the preferred aerospace economy in Southeast Asia, and an integral part of the global aerospace value chain by 2030. NAICO Malaysia is guided by the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030) under Rancangan Malaysia Ke-12. The MAIB 2030 is also supported by the New Industrial Master Plan 2030 (NIMP 2030) to bolster the Malaysian aerospace industry towards achieving MAIB goals by 2030. - END – Aerosea Exhibitions Sdn Bhd is the lead organiser of DronTech Asia 2025. An award-winning leader in business events organisation, Aerosea was recently honoured with the Best New Home-Grown Event Excellence Award 2022/2023 by the Malaysian Association of Convention & Exhibition Organisers & Suppliers (MACEOS) for their exceptional management of CyberDSA 2023, among other leading events in Malaysia.
Yahoo
29-05-2025
- Business
- Yahoo
Malaysia Gears Up to Lead Regional Drone Innovation with DronTech Asia 2025 Launch
KUALA LUMPUR, Malaysia, May 30, 2025 /PRNewswire/ -- Malaysia took a significant step forward in positioning itself as a regional drone technology hub with the official launch of DronTech Asia 2025, held today at Ujana Ilmu, MATRADE. The event was officiated by YB Tuan Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), alongside YBhg Rear Admiral Fadhil bin Abdul Rahman, Director General, Defence Cyber & Electromagnetic Division, Malaysia Armed Forces, representing the Chief of Defence Force Malaysia, NAICO Malaysia CEO Ts. Shamsul Kamar Abu Samah, Aerosea Exhibitions Chairman YBhg Tan Sri Asmat Kamaludin and Director YBhg Datuk Dr M Gandhi. The soft launch showcased Malaysia's commitment to advancing drone technology through collaboration, talent development and strategic policy support in line with the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030) and New Industrial Master Plan 2030 (NIMP 2030). NAICO Malaysia CEO, Ts. Shamsul Kamar, noted that DronTech Asia 2025 represents a collective ambition to align industry, academia and government in shaping Malaysia's future mobility landscape. The event will serve as a strategic platform for showcasing technological excellence while catalysing cross-border collaboration in areas such as AI-integrated drones, urban air mobility, counter-UAS and regulatory harmonisation. Aerosea Exhibitions Sdn Bhd's Chairman who represents the lead organiser of DronTech Asia 2025 said today "This year's event holds even greater significance as it aligns with Malaysia's ASEAN Chairmanship in 2025. It offers a timely platform to foster regional partnerships and spotlight how drone technology is transforming industries and contributing to ASEAN's digital and economic advancement. The successful inaugural edition in Bangkok last year welcomed 68 exhibitors and 3,482 participants from 41 countries. This year, we're taking it a step further — hosting over 100 participating companies from 15 countries, expecting around 5,000 trade visitors, across 5,500 square metres of exhibition space. I am proud to say that Malaysia is no longer catching up — we are actively setting the pace and establishing ourselves as a serious player in this fast-moving sector." NAICO Malaysia also reaffirms its commitment to talent development, highlighting recent initiatives such as the Pioneer Aerospace Talent Challenge, which featured STEM-based competitions including e-drone racing and aerospace modelling, supported by the Ministry of Youth and Sports and the Ministry of Education. DronTech Asia 2025, set to take place from 30 September to 2 October 2025 at MITEC Kuala Lumpur, will feature exhibitions, high-level forums and regional networking opportunities to accelerate drone adoption, innovation, and investment across ASEAN. National Aerospace Industry Corporation Malaysia (NAICO Malaysia) is an agency under the Malaysian Ministry of Investment, Trade and Industry (MITI), with a mandate to develop and position Malaysia as the preferred aerospace economy in Southeast Asia, and an integral part of the global aerospace value chain by 2030. NAICO Malaysia is guided by the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030) under Rancangan Malaysia Ke-12. The MAIB 2030 is also supported by the New Industrial Master Plan 2030 (NIMP 2030) to bolster the Malaysian aerospace industry towards achieving MAIB goals by 2030. - END – Aerosea Exhibitions Sdn Bhd is the lead organiser of DronTech Asia 2025. An award-winning leader in business events organisation, Aerosea was recently honoured with the Best New Home-Grown Event Excellence Award 2022/2023 by the Malaysian Association of Convention & Exhibition Organisers & Suppliers (MACEOS) for their exceptional management of CyberDSA 2023, among other leading events in Malaysia. View original content to download multimedia: SOURCE DronTech Asia Sign in to access your portfolio
New Straits Times
23-05-2025
- Business
- New Straits Times
Swedish giant Hexagon, Malaysia's Naico to bolster local aerospace sector
KUALA LUMPUR: Sweden's Hexagon AB and National Aerospace Industry Corp Malaysia (Naico) have teamed up to boost innovation and digital growth in the local aerospace sector. Hexagon, through its manufacturing intelligence division, and Naico signed a memorandum of understanding (MoU) on the partnership during the 17th edition of the Langkawi International Maritime and Aerospace Exhibition today. Hexagon, a global leader in precision technologies at any scale, has about 24,800 employees in 50 countries and net sales of 5.4 billion euros. The partnership aims to drive advancements in manufacturing, strengthen the supply chain and upskill the workforce. Hexagon Manufacturing Intelligence managing director for Asean Terrence Lim said the deal supports Malaysia's goal of becoming a regional aerospace hub. "We are excited to team up with Naico, a leader in the Asia Pacific aerospace scene. This partnership brings digital expertise and industry insight to help build a strong, competitive ecosystem in Malaysia" he said. Naico chief executive officer Shamsul Kamar Abu Samah said using Hexagon's advanced solutions and Malaysia Aerospace Centre of Excellence will help raise the country's role in the global aerospace industry. The pact aligns with national plans under the Malaysian Aerospace Industry Blueprint 2030 and the 12th Malaysia Plan. Naico, an agency under Investment, Trade and Industry Ministry, will act as the main coordinator for stakeholders and communications. Meanwhile, Hexagon will provide technical knowledge and support for joint efforts in training and capacity building.
