KUALA LUMPUR, April 26 — The government is committed to supporting the growth of the aerospace industry and will continue to work closely with all stakeholders to create a conducive environment for investment and sustainable growth, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
ADE, the engineering and maintenance subsidiary of Capital A Bhd, has secured a US$100 million investment from OCP Asia to construct and operate a state-of-the-art 14-line aircraft maintenance hangar facility in Sepang, Selangor. “This indicates that investors from both within and outside Malaysia see our MRO sector as an investment opportunity with significant potential for growth,” he said.
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