Kuala Lumpur International Business Convention 2016
- Category: Speeches 2016
SPEECH FOR DATO' DZULKIFLI MAHMUD
CEO MATRADE
NETWORKING DINNER
IN CONJUCTION WITH
KUALA LUMPUR INTERNATIONAL BUSINESS CONVENTION 2016
8 December 2016, 8.00-10.00 PM
NUSANTARA BALLROOM, LEVEL 2,
SHERATON IMPERIAL KUALA LUMPUR HOTEL
Distinguished Participants
Ladies and Gentlemen
Good Evening
1. I am very happy to be here tonight for this networking dinner in conjunction with the Kuala Lumpur International Aerospace Business Convention (KLIABC) 2016. Let me extend a very warm welcome to all of you, especially our foreign guests.
2. To further drive the commercial sector of local aerospace industry, MATRADE organised the second edition of the KLIABC 2016, focusing on the MRO services, supply chain, procurement in the aerospace industry globally, and the Asia Pacific region specifically.
Ladies and Gentlemen,
3. KLIABC 2016 is part of MATRADE's continuous efforts to encourage and facilitate Malaysian and international companies to collaborate for the betterment of the aerospace industry in this region. With the current rapid growth of the global air transportation industry particularly in Asia, there are plenty for us to capitalise on.
4. Malaysia is well-positioned to be a strategic partner and a compelling hub for companies' expansion in Asia. We are the gateway to Asia, equipped with vital ingredients such as world-class infrastructure, excellent connectivity, a skilled workforce, strong technology base, and a critical mass of aerospace activities.
5. Even though the percentage of market captured by Malaysian players in the region is reasonably good, the absolute value of the aerospace industry is still very small, compared to the size of the global market. With the presence of international players in the country, the prospect for Malaysia to improve its position in capturing a bigger market is promising.
6. With the introduction of the Malaysian Aerospace Blueprint 2030, it will further enhance the development of Malaysia's aerospace industry. This Blueprint outlines the country's plans to position Malaysia as a major player in the Aerospace sector in the Asia - Pacific region.
7. With favorable demographics and growing middle class, the industry's centre of gravity is shifting from the West to the more rapidly-growing markets of Asia especially ASEAN. By 2035, Asia-Pacific as you are well aware, will be the biggest airline market in the world, receiving 38% of global deliveries of passenger and freight planes. This will create new demands for MRO services, and opportunities for the aerospace supply chain such as engineering, electronics, composite materials as well as manufacturing and systems integration.
8. The government will continue to nurture and strengthen the capabilities of local players to support the industry's growth. This effort, however, must be complemented with an equally strong and dedicated commitment on the part of local companies to continuously expand their capacity and capability in terms of knowledge and technology acquisition. The commitment of all stakeholders to implement the objectives and strategic of the Blueprint is critical to the success of this industry.
9. I would like to thank MITI and its agencies, National Aerospace Industry Coordination Office (NAICO), Malaysia Aerospace Industry Association (MAIA), Malaysia Airlines, Air Asia and Malaysia Airports Holdings Berhad (MAHB) for the strong support and close partnership in making this event a success.
10. To all participants both from Malaysia and overseas, on behalf of the MATRADE, I wish to thank you for your participation and contributing to the success of this business convention.
11. Moving forward, we would like to see KLIABC not only as a Malaysian event but to be an iconic event for Asia Pacific - the meeting place congregating global industry players.
See you again in KLIABC 2018.
Thank you and "merci beaucoup"
End
