JUMPSEAT
AEROSPACE NEWS

Malaysia Targets Larger Share Of Region's MRO Market

Key Takeaways
  • Malaysia aims to increase MRO industry revenue to $14 billion by 2030.
  • The country targets 20%-25% of Asia-Pacific MRO market growth.
  • New development at Kuala Lumpur International Airport will support growth.
  • Government seeks to create 30,000 high-skill jobs in the MRO sector by 2030.
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Strategic Implications

Malaysia's ambitious MRO growth targets may indicate a shift in regional aerospace dynamics, with the country potentially becoming a major player in the Asia-Pacific market. The focus on higher-value MRO sectors suggests a desire to move up the value chain, which could attract significant investment and talent to the country.

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What Happened

Government Sets Ambitious Growth Targets For Aerospace Industry

The Malaysian government has set a target for the country’s MRO industry to reach $14 billion in revenue by 2030, with plans to capture 20%-25% of the Asia-Pacific market growth. To support this growth, the government is developing new infrastructure at Kuala Lumpur International Airport, including the Selangor Aero Park, which will provide a scalable environment for MRO operators and Tier 1 suppliers. The government also aims to create 30,000 high-skill jobs in the MRO sector by 2030. This development was reported by Aviation Week.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Malaysia Targets Larger Share Of Region's MRO Market

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Malaysia aims to increase MRO industry revenue to $14 billion by 2030.
  • The country targets 20%-25% of Asia-Pacific MRO market growth.
  • New development at Kuala Lumpur International Airport will support growth.
  • Government seeks to create 30,000 high-skill jobs in the MRO sector by 2030.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

Malaysia's ambitious MRO growth targets may indicate a shift in regional aerospace dynamics, with the country potentially becoming a major player in the Asia-Pacific market. The focus on higher-value MRO sectors suggests a desire to move up the value chain, which could attract significant investment and talent to the country.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Government Sets Ambitious Growth Targets For Aerospace Industry

The Malaysian government has set a target for the country’s MRO industry to reach $14 billion in revenue by 2030, with plans to capture 20%-25% of the Asia-Pacific market growth. To support this growth, the government is developing new infrastructure at Kuala Lumpur International Airport, including the Selangor Aero Park, which will provide a scalable environment for MRO operators and Tier 1 suppliers. The government also aims to create 30,000 high-skill jobs in the MRO sector by 2030. This development was reported by Aviation Week.

Source

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