By Selangor Journal Team
SHAH ALAM, June 8 — Selangor has been massively instrumental in the country’s aerospace industry, contributing a whopping 67 per cent of the overall sector’s economy, according to state executive councillor for industry and trade Dato’ Teng Chang Khim.
Teng said the state is setting its sights on becoming the region’s preferred aerospace, business and general aviation hub in the region, with an aim of creating an environment that fosters innovation, collaboration, and growth in the sector.
He added that Selangor has also built strong ties with their European counterparts, and that his attendance at the prestigious European Business Aviation Convention and Exhibition last year has resulted in fruitful discussions with senior industry players.
“I want to reiterate our commitment to the development and expansion of the aerospace industry,” he said during a town hall briefing ahead of the Selangor Aviation Show (SAS) 2023 yesterday.
“We understand that certain limitations, such as infrastructure challenges and bureaucratic processes, may hinder critical business activities. Rest assured, we are actively working to identify and address these gaps.”
Teng noted that last year’s iteration of SAS has shown the tremendous potential and impact of the programme, with potential trades being valued at RM1.069 billion and over 10,000 visitors present.
He said this year’s show, which will be held from September 7 to 9, aims to surpass these figures in a bid to elevate its visibility as Malaysia’s golden state for aerospace.
This, he added, will be further testament of the importance of small and medium enterprises in Selangor and the value of the global ecosystem.
Separately, Teng announced that Malaysia External Trade Development Corporation (Matrade) has endorsed SAS 2023, meaning participating exhibitors would be able enjoy the government’s Market Development Grant incentive.
“At the same time, we are discussing with other potential government agencies on incentives which we feel will benefit the players and ecosystem.”
On comparisons being made between SAS and the Langkawi International Maritime and Aerospace Exhibition (Lima) and other prominent air shows, Teng said Selangor’s version has been meticulously designed to cater specifically to the business aviation community.
“We recognise the unique needs and aspirations of this segment, and SAS 2023 will be the platform to showcase the best of Selangor has to offer in terms of business aviation opportunities.
“We aim to position Selangor as a hub that attracts stakeholders from across the region and, eventually, the globe.
“By participating in SAS 2023, you are not just contributing to the success of this event, but also helping to shape the future of business aviation in this part of the world.