News Formal

Govt committed to supporting aerospace industry's growth: Tengku Zafrul

  • 📰 staronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Tengku Zafrul said Malaysia has a thriving maintenance, repair and overhaul (MRO) sector that offers numerous investment opportunities.

, 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.

He noted that in 2022, Malaysia clinched RM600 million worth of MRO expansion projects involving heavy maintenance and components MRO activities by various reputable companies operating in the country. The minister also said ADE’s entry into the MRO space within Southeast Asia and Asia-Pacific is expected to boost significantly the growth of Malaysia's MRO industry, while also driving healthy competition with existing service providers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Govt committed to supporting aerospace industry's growth, says Tengku ZafrulKUALA 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...
Source: malaymail - 🏆 1. / 86 Read more »