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Msia is Eyeing to Set up An Aerospace Entrepreneurship Hub

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Msia is Eyeing to Set up An Aerospace Entrepreneurship Hub
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Msia is Eyeing to Set up An Aerospace Entrepreneurship Hub

The gov will bring in talents from Mitsubishi or Kawasaki to Malaysia.

18/09/2019
WargaBizbyWargaBiz
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The Ministry of Entrepreneur Development (MED) is exploring the possibility of bringing Japanese aerospace giants – Kawasaki Heavy Industries Ltd and Mitsubishi Heavy Industries Ltd into Malaysia to set up an aerospace entrepreneurship hub here in the country.

A meeting has been arranged

aerospace

Datuk Seri Mohd Redzuan Mohd Yusof said a meeting has been arranged with the two Japanese heavy-industry giants. This meeting will be conducted during his visit to Aeromart Nagoya 2019 – a three-day business convention for aerospace industry at the capital of Aichi Prefecture that will take place from 24-26 Sept 2019.

“If they are interested, we will bring in talents from those giant companies”

Msia is Eyeing to Set up An Aerospace Entrepreneurship Hub

According to Mohd Redzuan Mohd Yusof, the gov is exploring the possibility of making Malaysia a hub for aerospace components by bringing in talents from Mitsubishi or Kawasaki to Malaysia. He said Japanese Ambassador to Malaysia, Makio Miyagawa was also made aware of the idea and was very keen to see it converted into reality.

Supporting the aviation industry in Asia

aerospace

Both delegates from Malaysia and Japan would look into important issue such as how well Msia could progress, what are the incentives we can offer, the bureaucratic processes that we can overcome and also what are our common target markets in terms of supporting the aviation industry in Asia.

“Help us upskill local automotive engineers to aerospace engineers”

aerospace

The gov also encouraged Japanese investors to capitalise on Malaysia’s engineering capability, help upskill local automotive engineers to aerospace engineers and further enhance their collaboration with the local aerospace industry players.

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Currently, Msia already have some companies which manufacture aircraft parts and components for Airbus, Boeing and private jets.

Source here

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