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http://www.theedgemarkets.com/my/article/construction-first-phase-asia-aerospace-city-begin-1q16Construction on first phase of Asia Aerospace City to begin
By Meena Lakshana / theedgemarkets.com | June 15, 2015 : 3:36 PM MYT
PETALING JAYA (June 15): Construction on the first phase of the aerospace hub Asia Aerospace City (AAC) will begin in the first quarter of 2016, in which its Subang Nexus is expected to complete in early 2018.
In a statement, MARA Aerospace & Technologies Sdn Bhd (M-AeroTech) said the AAC, an aerospace business hub that offers a complete business ecosystem for industry players in South East Asia, is currently developing its world-class infrastructure at its Subang nexus.
M-AeroTech is a wholly-owned Majlis Amanah Rakyat (MARA) subsidiary that oversees the revenue generation of AAC through its six strategic business units.
Malaysia is latest Airbus servicing hub
SEPANG, Oct 29, 2015
This week alone, two international giants – New Zealand’s consumer dairy producer Fonterra and America’s Kellogg Company – announced the opening of new bases in Malaysia.
Following this trend is aircraft manufacturer Airbus SA – with the launch of its fifth customer service centre in Sepang.
The new facility, 100%-owned by Airbus, will provide 24/7 specialised major aircraft engineering and repair design services to its customers in Malaysia, Asia Pacific and also worldwide.
Rolls-Royce seeks more local partners
25 SEPTEMBER 2015
KUALA LUMPUR: ROLLS-Royce Malaysia Sdn Bhd, which just forged partnership with the UMW Group, is keen to establish more manufacturing alliances with other local aerospace companies.
Malaysia had a proven track record in achieving aerospace excellence as well as other industries as it has mapped out the National Aerospace Blueprint (2016-2030) and the Economic Transformation Programme Entry Point Project Seven, anchored by the Asia Aerospace City, in which its focus is to facilitate original equipment manufacturers (OEMs) such as Rolls-Royce.
Rolls-Royce Malaysia, which is a unit of British aero-engine maker Rolls-Royce Ltd, awarded UMW Group a RM830 million contract last month to manufacture and assemble aero engine fan cases.
MAHB to start work on Subang MRO centre next yearMalaysia’s sovereign wealth fund is the biggest shareholder in Kuala Lumpur-listed MAHB, while Gyeongnam in South Korea aims to house 10 aerospace companies by 2020 and become a production hub for Northeast Asia.
https://themalaysianreserve.com/2017/10/26/mahb-start-work-subang-mro-centre-next-year/Malaysia Airport Holdings Bhd (MAHB) will start the construction of the Subang maintenance, repair and overhaul (MRO) centre next year to service all its customers.
MD Datuk Mohd Badlisham Ghazali said the airport operator has completed the land clearing of the 60- acre (24.28ha) site and the first phase of the project is expected to be completed in 2019.
He said the second phase of the Subang Aerotech Park is expected to start in the next two years. “We are seeing incoming demand from our current players as they want to grow bigger, thus creating demand for Tier-2 and Tier-3 players,” he said at a press conference in an update on (Kuala Lumpur International Airport) Aeropolis’ first phase completion — Air Cargo and Logistic — in Sepang yesterday.
Mohd Badlisham said the MAHB project is not part of Asia Aerospace City (AAC), which was proposed by Majlis Amanah Rakyat (Mara).
“We are building it on our own land and AAC will be our neighbour,” he said.
In June, MAHB signed memoranda of understanding (MoUs) with Gyeongnam Technopark (GNTP) and Skyways Technics A/S to collaborate in the development of Subang Aerotech Park, which focuses on manufacturing (aerostructures, components, tools and jigs) and MRO for engine and components.
Skyways Technics is reported to be considering to set up a facility within the Subang Aerotech Park Phase 1.
The collaboration would also see the Subang Aerotech Park having spillover effects on the KLIA Aeropolis project.
The multibillion ringgit KLIA Aeropolis development would further enhance Malaysia’s position as a hub for the aviation sector.
The country’s largest operator of airports is devising the KLIA area, where the nation’s main airport sits, into a bustling aviation centre and drawing investment worth billions from various sectors, including logistics.
Meanwhile, the proposed RM1.7 billion AAC project under Mara has hit a snag, believed to be due to land ownership issue. The Asia Aerospace City was planned to combine education, aerospace services and living quarters.