16 hours ago
- Business
- New Straits Times
Anwar holds discussions with Brazilian aerospace giant Embraer
RIO DE JANEIRO: Datuk Seri Anwar Ibrahim today held discussions with Brazilian aerospace company Embraer SA to discuss strategic investment opportunities in Malaysia.
The prime minister, who met with Embraer president and chief executive Francisco Gomes Neto, emphasised the government's commitment to strengthening the aviation industry ecosystem through investor-friendly policies, local talent development, and high-impact technology partnerships.
This is in line with the aspiration to make Malaysia a major aerospace hub, particularly in Asean, which has a highly-skilled workforce and an industry ecosystem which is robust and competitive.
"Our discussions touched on the potential for Embraer to invest in Malaysia, including through collaborations with Malaysian airlines.
"Malaysia also welcomes Embraer's participation in developing a maintenance, repair and overhaul centre, pilot training and supply chains, as well as low-carbon emission aircraft innovations, in line with the Madani Economy framework and the National Aerospace Master Plan 2030," said Anwar.
He said he also appreciated Embraer's interest in strengthening cooperation with the defence sector through initiatives that can enhance the Malaysian armed forces' air mobility capabilities.
The government, he said, was committed to ensuring that any form of cooperation would bring high-value jobs, the transfer of technology and inclusive economic growth for Malaysians.
Anwar is in Brazil to attend the 17th BRICS Leaders Summit today and tomorrow.
Malaysia's participation in the summit is as a BRICS partner nation and as Asean chair.
Malaysia became a BRICS partner nation on Jan 1.
Bilateral trade between Malaysia and Brazil grew by 14.6 per cent to RM20.35 billion in 2024, from RM17.43 the year before.
This maintained Brazil's position as one of Malaysia's main trading partners in Latin America.
