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Putrajaya says approved 40 aerospace projects with total investment value of RM3.8b | Malay Mail

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Putrajaya says approved 40 aerospace projects with total investment value of RM3.8b

KUALA LUMPUR, Oct 26 — The government has approved 40 projects related to the aerospace industry with a total investment value of RM3.8 billion from 2017 until June 2021, which created 4,563 job opportunities.

As outlined in the National Investment Aspiration framework, the focus would be on attracting high quality investments, he added. “The government views the private sector and academia as co-development partners. We have established a research management unit at the Economic Planning Unit to coordinate research and development spending to ensure focused spending for tangible outcomes,” he said.

Under the 12MP, the aerospace industry is anticipated to generate RM30 billion in revenue and more than 30,000 jobs by the end of 2025.

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