The Kuala Lumpur International Aerospace Business Convention (KLIABC) was opened today at the Malaysia International Trade and Exhibition Centre by YB Darell Leiking, Minister of International Trade and Industry.
The 3-day convention is Malaysia’s leading B2B aerospace and civil aviation trade event. Leading manufacturers and players like Airbus, Boeing, Rolls Royce, Embraer, Thales, and Pratt & Whitney will attend the event, to seek partnerships among Malaysian businesses and SMEs for the aerospace supply chain.
The biennial event is organised by Malaysia External Trade Development Corporation (MATRADE) in collaboration with Malaysia Aerospace Industry Association (MAIA) and ABE France. The event features a one-day conference and two days of business matching and B2B meetings.
In his opening speech, YB Darell Leiking said, “Malaysia is at the forefront for various activities along the aerospace value chain. Our companies cover engineering and design services, systems integration, and the manufacture of aircraft parts and components including ground support equipment and [maintenance and repair operations (MRO)] activities.”
Modern airliners rely on a global supply chain to assemble their various components. Currently, Malaysian companies make, among others, wing control surfaces for Boeing, seats for Airbus, and engine components for Rolls Royce’s Trent series of engines. With the introduction of Malaysia’s Aerospace Blueprint 2030, Malaysia aims to be a major player in the fast-growing Asia Pacific aerospace market. The blueprint aims to generate an annual revenue of US$14.3 billion, create more than 32,000 high-income jobs, and establish 50 SMEs in the aerospace market.