Tapping Into Opportunities in the Aerospace and MRO Industry
FRIDAY, FEBRUARY 21, 2014, KUALA LUMPUR: Malaysian companies that participated in theSpecialised Marketing Mission (SMM) on Aerospace & Maintenance, Repair and Overhaul (MRO) Industry to Singapore reported successful outcomes, establishing new business deals in the Asia Pacific market.
According to Malaysia External Trade Development Corporation (MATRADE), 15 Malaysian aerospace and MRO related companies participated in the mission which was held in conjunction with the Singapore Airshow 2014. A total of 215 business meetings were conducted with potential buyers and clients, arranged by MATRADE.
The event which was held from 11 – 16 February 2014 generated sales totalling RM61.6 million for a range of services and products including specialised aerospace engineering services, aircraft interior design conversion, MRO services, fixed-base operation (FBO) services, avionics system integration, safety device products and services, human capital development programs, and manufacturing of precision part and components.
The Singapore Airshow is the biggest international aerospace business platform in the Asia Pacific region. This year’s event hosted 1,000 exhibitors from 47 countries and has drawn over 40,000 trade visitors from 125 countries, including government officials, military and commercial leaders.
MATRADE took the opportunity during the show to promote its upcoming event, ‘Kuala Lumpur International Aerospace and Defence Business Convention’ scheduled from 23 – 25 June 2014. The first to be hosted in Malaysia, the event is an excellent opportunity for leaders of the aerospace industry to connect with potential industry partners.
