Malaysia Airports Holdings Bhd (MAHB) is forging ahead with plans for the Subang Regeneration Initiative by inking partnership agreements and memoranda of understanding (MoUs) with major aerospace and industry players of the Singapore Airshow 2018 at the Changi Exhibition Centre in Singapore yesterday.
MAHB MD Datuk Badlisham Ghazali (picture) said Subang Skypark has a mature aerospace community well-known for maintenance, repair and overhaul, fixed-base operator, manufacturing and training.
“This is due to the presence of world-renowned players such as Spirit AeroSystems Inc, one of Airbus SE and Boeing Co’s major suppliers, as well as Airbus Helicopters Inc and Leonardo (formerly known as AgustaWestland).
“We expect that a further regeneration of the Subang aerospace and aviation ecosystem will create a spillover effect into the KLIA Aeropolis in the future, an emerging aerospace and aviation ecosystem.
“Currently, we are creating value through synergistic collaborations with our business partners to provide solutions in terms of supply chain, human capital, infrastructure and equipment, as well as technology to attract aerospace players to be part of the ecosystem in Subang and subsequently expand into the KLIA Aeropolis,” he told the media in Singapore yesterday.
The first partnership agreement signed was between MAHB and Axis Real Estate Investment Trust (Axis REIT) to develop a built-to-suit industrial manufacturing facility for Senior Aerospace UPECA and to be completed by Dec 15 this year.
Senior Aerospace UPECA is part of the Senior group of companies — a world leader in manufacturing and technology for aerospace, automotive and industrial products.
The RM17 million, 1.65ha facility will boast state-of-theart automation with over 400 highly skilled engineering and technical employees.
Axis REIT Managers Bhd CEO Leong Kit May said the manufacturing facility would be built over 2.84ha, subleased from MAHB at the Malaysia International Aerospace Centre Technology Park.
MAHB has also signed a partnership agreement with Danish aircraft maintenance company Skyways Technics A/S.
The agreement is to facilitate the latter’s expansion plan within the MAHB aerospace ecosystem, including a new facility at Subang Aerotech Park, which will also serve as Skyways Technics’ Asia-Pacific regional headquarters.
At the same event, MAHB also signed two MoUs with Asian Business Aviation Association (ASBAA) and Mara Corp Sdn Bhd.
Under the MoU, ASBAA will provide crucial industry knowledge on related key development issues, identify business opportunities, create awareness to stakeholders, and undertake assessment and recommendation to strengthen the Sultan Abdul Aziz Shah Airport in Subang as an attractive destination for business aviation, serving both local and regional industry needs.
Meanwhile, the collaboration with Mara Corp is to facilitate the human capital development for KLIA Aeropolis, where MAHB will be leveraging on solutions developed and managed by Majlis Amanah Rakyat (Mara) such as the Graduate Employability Training Scheme (GETS) Perantis Malaysia to provide competent talent.
“Aerospace is a key pillar in Mara Corp’s investment strategy, owing to Malaysia’s competitiveness and growth in this sector.
“To further catalyse this growth, the RM200 million (or US$51.2 million) GETS was created and designed for industry players such as MAHB and their stakeholders,” said Mara Corp acting CEO Muhammad Lukman Musa. — Bernama