KUALA LUMPUR, Oct 10 — Malaysia is a key leader in the development of the aviation industry in Southeast Asia, thanks to the Malaysian government’s vision and efforts to engage with the industry, said Boeing Southeast Asia president Alex Feldman.
He said the New Industrial Master Plan 2030 is an example of this vision, charting the long-term plan for the development of the aerospace industry in Malaysia.
“Southeast Asia and Malaysia are likely to be net winners as we grow and diversify our supply chains,” he said in his welcoming remark at the Boeing-Naico Aerospace Supply Chain Forum here today.
Feldman emphasised that a resilient supply chain is the top priority of all in the aerospace industry in order to create a comprehensive ecosystem.
He said that with 16 firms involved in the production of composite panels, major structural assemblies, engine fan cowls, precision machine parts, landing gear and avionics systems, Malaysia has the largest number of Boeing suppliers in Southeast Asia.
Feldman also highlighted that Boeing’s joint venture in Malaysia, the Aerospace Composites Malaysia (ACM) has been a leader in composite products and subassemblies for the aerospace industry.
The two-day Boeing-Naico Aerospace Supply Chain Forum, which ends today, aim to create partnerships within the industry, foster innovation and contribute to the growth and development of Malaysia’s economy.
— Bernama
