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Tuesday, 15 November 2016

Malaysia’s aerospace manufacturing sector is expected to see a 20 per cent rise in turnover this year, compared to last year's RM6.8 billion.

Industry Players are Bullish on the Aero-Manufacturing Sector Says Good Stocks!
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Multi Management and Future Solutions: Malaysia's aviation producing division is required to see a 20 for every penny ascend in turnover this year, contrasted with a year ago's RM6.8 billion.

"Industry players are bullish on the air fabricating segment and we are planning to see a twofold digit increment this year," International Trade and Industry (MITI) Minister Datuk Seri Mustapa Mohamed said in a public interview amid the National Aerospace Event here today.

Malaysia is as of now the single wellspring of particular composites parts for Airbus SA and Boeing.

Mustapa said more than 50 for each penny of composite wing parts for the Airbus A320 and the Boeing B737 are provided by Malaysia.

Worldwide air fabricating organizations which put resources into Malaysia incorporate Spirit AeroSystems, Safran Landing Systems and Honeywell Aerospace Avionics.



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