Matrade to lead Malaysia’s participation in Singapore Airshow 2020

KUALA LUMPUR (Feb 7): The Malaysia External Trade Development Corporation (MATRADE) will be leading a mission to the Singapore Airshow next week to promote Malaysia’s aerospace sector, as well as to create opportunities for its home-grown companies to be part of the global aviation supply chain.

In a statement, MATRADE said the initiative would involve the participation of 62 Malaysian participants from 15 organisations at the airshow from Feb 11-16.

The focus sectors to be highlighted during the event include aero-manufacturing, maintenance, repair and overhaul, education and training services, aviation, and defence sub-sectors.

Among the companies taking part are Sapura Aerospace, Asia Aerotechnic and Global Turbine Asia.

MATRADE chief executive officer Datuk Wan Latiff Wan Musa said the mission would market Malaysian companies, as well as provide local players the opportunities to be exposed to new technologies and explore partnerships with original equipment manufacturers and Tier 1/ Tier 2 suppliers from around the globe.

Furthermore, he said Malaysia’s participation in the event is key to promote Malaysia as an aerospace hub for the Southeast Asian region and attract the global participants to MATRADE-own aerospace event, the Kuala Lumpur International Aerospace Business Convention (KLIABC) 2020 from June 23-25 this year.

“We will be launching KLIABC 2020 at the event, and despite the current 2019 novel coronavirus outbreak, MATRADE will be taking all the necessary precautionary measures, with the support of the organiser to ensure the well-being of our delegates,” he added.

Malaysia’s export of aircraft parts and components tripled from RM2.88 billion in 2014 to a record high of RM8.82 billion in 2019, mainly driven by the expansion of aerospace manufacturing activities.

Malaysia’s top exports were aerospace parts and components, fan cowl, fan casing, thrust reverser, forward leading edge, aircraft door, avionics equipment and carbon brakes, while the top export markets were the United States, the United Kingdom, France, Singapore, and China.