Asia Aerospace City a timely boost for Malaysia's aviation industry
- POSTED: 08 Jul 2014 15:51
- UPDATED: 08 Jul 2014 16:16
The Asia Aerospace City is expected to generate at least 5,000 engineering jobs and more than $560 million (1.8 billion ringgit) by 2020.
KUALA LUMPUR: Ever since the disappearance of Malaysia Airlines flight MH370, Malaysia's aviation industry hasn't had the best of reputations.
A new government-backed project is hoping to change all that.
The Asia Aerospace City wants to put Malaysia on the map as a regional hub for aerospace engineering services.
Academic and industry giants such as Airbus will be collaborating at the site to develop highly skilled, industry-ready human capital.
Zulkifri Osman, executive director of Mara AeroTech, said: "Many aerospace industry players would want to come and grow their business here in Asia so geolocation-wise, they agree that Malaysia is the right location for them.
"We know there is a competency gap between the pool of talent that we have here in Malaysia and the competency level that needed by the industry player so we're looking and trying to address the competency gap."
The Asia Aerospace City will also give Malaysia a slice of the lucrative aerospace industry pie It is expected to generate at least 5,000 engineering jobs and more than $560 million (1.8 billion ringgit) by 2020.
The aerospace cluster will be officially launched later this week.