Four Malaysian SMEs in the aerospace industry has put up a strong showing of their technological capabilities at the International Paris Airshow 2019 featured under the Malaysia Pavilion. These SMEs come from diverse industries such as aircraft components and parts manufacturing, precision metallic machining, metal stamping and fabrication and surface finishing.
The participation of SMEs under the Malaysia Pavilion has garnered keen interest and numerous enquiries from both domestic and foreign aerospace players from the United Kingdom, France and Japan for potential joint venture, integration into the aerospace supply chain and technology experience sharing in the R&D phase and commercialisation, particularly in aerospace manufacturing and maintenance, repair and overhaul (MRO).
The Airshow has benefited the participating SMEs by providing them with the opportunity to generate potential sales and investment, thus creating a multiplying effect for Malaysian SMEs in the global aerospace industry. At the conclusion of today’s business matching, The Honourable Minister of Entrepreneur Development, Datuk Seri Mohd Redzuan Yusof announced that RM20 million in potential sales was negotiated between participating SMEs under MED with international partners seeking for outsourcing opportunities.
The four SMEs are Curge Advance Sdn Bhd, Jecmetal Industries Sdn Bhd, JWR Industries Sdn Bhd and Venture Die Casting Sdn Bhd.
Datuk Seri Mohd. Redzuan has been invited to deliver a talk titled “Prospect on Halal Market and Entrepreneurship” to 14 local entrepreneurial leaders at the Cambridge Judge Business School. The event marks the second Malaysian Minister to be invited to the auspicious Cambridge University within a week, after The Right Honourable Prime Minister of Malaysia Tun Mahathir Mohamad’s well-received talk at the Cambridge Union on 16th June 2019.