Mapping Malaysia's Resource Centres

01 Aerospace & MRO Malaysia continues to pursue its goal of becoming the leading Southeast Asian aerospace nation, with significant industry growth providing more than 24,000 job opportunities in the sectors of Aerospace Manufacturing; and Maintenance, Repair & Overhaul (MRO). This growth has also seen the active participation of local small and medium-sized enterprises (SMEs) in the industry. Thus, in an effort to expand the local aerospace supply chain, SME Corporation Malaysia (SME Corp.) initiated the Aerospace Manufacturing Initiative Programme (AMI). Through this, 30 SMEs in the Parts & Components manufacturing (metallic & composites); Tooling manufacturing; and Special Processes for Aerospace manufacturing have been identified. As a result, participating SMEs experienced positive growth and are expected to generate over RM30 million in revenue. The substantial growth of Malaysia’s aerospace industry is also in part due to a recent surge of investments and multinationals such as GE Engine Services, Airbus, Spirit AeroSystems, Safran, Aerospace Composite and Honeywell Aerospace Services electing to establish and expand their operations across the country. With its sights set on being Southeast Asia’s regional aerospace hub, Malaysia has set an annual revenue target of more than RM50 billion by the year 2030, which is also expected to create more than 32,000 high-income jobs in the process. In line with the Malaysia Industry 4.0 initiative, agencies such as MATRADE, National Aerospace Industry Coordinating Office (NAICO) and Malaysian Investment Development Authority (MIDA), overseen by the Ministry of International Trade and Industry (MITI), have focused their efforts to provide a facilitative environment and ecosystem thereby encouraging growth and Malaysia’s competitiveness in the global arena. Currently, the Malaysian aerospace industry is supported by 230 companies in operation and is at the forefront of several markets such as aero-composites manufacturing as well as aircraft components design and manufacturing. In recent years, total exports from the aerospace sector was over RM8 billion.