Download Malaysian Aerospace Industry Outlook

Malaysian Aerospace Industry
Outlook
Press Conference
Aerospace Meetings Kuala Lumpur 2011
The Secretariat,
Malaysian Aerospace Council
Kuala Lumpur
25 February 2011
Aerospace Industry is recognised as a new engine of
economic growth for the country
Malaysian Aerospace Council identified 4
focus areas for developing the industry
Target: A major global player by 2015
MAC endorsed various strategic action plans
to accelerate the industry development
Recent initiative - Aerostructure Manufacturing
Innovation Centre (focus on R&T)
Malaysia has the potential to become the
regional outsourcing center for Asia Pacific
The industry recorded RM24.7 billion
turnover in 2009
Contributed 3.63% of national 2009 GDP
Expected growth for 2010: 4 to 6%
Welcome more FDIs to accelerate local
industry and supply chain development
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Aero Manufacturing - Aerostructure business is one of
the fast growing sub-sector
Turnover in 2009 RM600 million,
projected to reach RM1 billion by 2011
Positive growth following new expansion
programs by Spirit Malaysia, CTRM, ACM
& Upeca
Recent achievement
UPECA - 1st batch of Airbus A350 XWB
Series machined parts handover to Spirit
CTRM - Boeing 787 Fan Cowl roll out
More global players showed interest to
invest/JV in Malaysia
Component manufacturers
Aircraft assemblers
Raw material suppliers
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Aero Manufacturing - Local supply chain is being
develop to provide support to Tier 1 & Tier 2 companies
Also focus on human capital development in achieving high
income economy agenda
OEMs
Airframe
Manufacturers
Tier 1
Tier 4
Special processing shops
Raw material supplier/stockists
Jigs & tooling suppliers
Standard parts suppliers/stockists
Aerostructures, Avionics systems,
Engines, Aircraft interiors, Landing gear,
Actuators
Tier 2
Aerostructures, Avionics systems, Engines, Aircraft interiors,
Landing gear, Actuators subsystems & subassembly
Tier 3
Components and parts
Engineering Design Services Suppliers
Low Cost Region Suppliers
Typical Aerospace Supply Chain (Source: QuEST Global)
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MRO - Malaysia aims to capture 5% of the global market
share and is expected to undergo accelerated growth
under the Economic Transformation Program (ETP)
Turnover in 2009 RM4.3 billion - slightly
up from 2008
The growth trend is expected to maintain as
economic cycle undergo upswing
ETP, an initiative by the Government to
achieve high-income nation status
Entry-Point Project No 1 (EPP1) of Business
Services: Growing MRO business led by
MAS Aerospace Engineering
Develop Malaysia into a regional MRO hub
Target to build a RM13.4 billion GNI MRO
industry in Malaysia by 2020
Aim to create over 20,700 jobs
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MRO - The sub-sector is quiet well developed, more
focus on enhancing local capability in components MRO
New enhanced incentive package for aerospace industry (2010 –
2014) is expected to further accelerate the sub-sector development
Airframes
Engines
Components
Others
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Aerospace Human Capital - Specific HCD programs were
developed to fulfil industry needs for professional &
skilled human capital
LEADER Aerospace
A bridging program funded by MOHE to
increase number of certified ‘design &
structural engineering’ workforce
1st batch July 2010 - 24 engineering
graduates selected from 500 applicants
Program developed in collaboration with
industry - Spirit Malaysia, CTRM & Strand
Advanced Composite Training Centre
(ACTC) @ UniKL-MIAT
Established to support Spirit AeroSystems
investment in Malaysia
Supplying skilled composite technicians to
composite manufacturing industry
(aerospace & beyond)
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SUMMARY - Malaysia has all it takes to become regional
aerospace hub particularly in manufacturing and MRO
We offer competitive cost as well as
competent workforce
FDIs, JV, strategic alliance and outsourcing
packages are welcome
Government through Malaysian Aerospace
Council is committed in developing the
industry
Has a well developed blueprint, program and
action plans to support national aspiration
Global players are invited to consider
Malaysia as their next location for
investment and/or outsourcing
Leverage on new aerospace incentive
package (2010-2014)
Participate in various initiatives to strengthen
local supply chain
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