Ingenieur Vol 80 ingenieur 2019 octoberfinal | Page 6

INGENIEUR Aero & Aviation Industry T he Government’s foresight in identifying 25 in education and training and 11 in systems the aerospace sector as one of the integration as well as engineering and design. new growth industries under the 11th The recent announcement by the Malaysia Plan is bearing fruit as Malaysia is Government, in setting the aerospace currently home to more than 200 aerospace industry as a high priority sector under the companies, comprising both international and 12th Malaysian Plan (2021-2025) will set the local players. The Malaysian Aerospace Industry stage for this new growth industry as the way Blueprint 2030 is setting its target in making forward for local entrepreneurs, especially our Malaysia the leading aerospace nation in South engineering fraternity. East Asia and an integral part of the global However, there will be challenges to meet, market by 2030. This will open up opportunities such as developing local technical capability for more professionals in this sector. and competency to deal with new technologies The potential of this sector is well and complexities of the aerospace industry. demonstrated by looking at the projected The article “Malaysian Aerospace Industry – revenue of RM20.4 billion for maintenance, The Way Forward” aptly describes Malaysia’s repair and overhaul (MRO), RM21.2 billion for position in this industry and the strategy to aero-manufacturing, and RM13.6 billion for move forward. engineering and design services by 2030. As it is now, there are currently 66 companies involved Dato’ Ir. Dr Meor Abdul Aziz Bin Osman in MRO activities, 33 in aero-manufacturing, President, BEM 4 6 VOL 2019 VOL 80 55 OCTOBER-DECEMBER JUNE 2013