From left: Invest Selangor Bhd CEO Datuk Hasan Azhari Idris, Liew, Selangor Menteri Besar Selangor Datuk Seri Amirudin Shari and Ng during SAS 2023’s opening ceremony. – ADIB RAWI YAHYA/THESUNThe Malaysian aerospace and aviation industry is expected to reach greater altitude, driven by higher total trade, increased exports and government efforts through the New Industry Master Plan , said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Touching on the recently launched NIMP 2030, he said the plan has identified aerospace as one of the key priority sectors for the country and reiterated that the local aerospace industry is on course to achieve expected annual revenue of RM55.2 billion by 2030. Liew said it is a shared vision between the federal government and Selangor, which houses 67% of the aerospace activities. He added that Selangor is the preferred state for the global aerospace supply chain due to the ease of doing business, infrastructure and skilled workers.