Aerospace Industry To Hit RM9 Bln Of Exports This Year

20 views · Published 12 February 2018 · 0:48 · Indexed 8 November 2026

Channel: 7Edition · 2018 · News & Politics

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Malaysia's Aerospace industry is expected to continue with its growth momentum, with exports hitting RM9 billion this year versus RM8.49 billion, recorded last year.

According to Second International Trade and Industry Minister, Datuk Seri Ong Ka Chuan, this is driven by the record growth in the past three years and backlog of orders for aircraft in the Asia pacific region.

He was speaking to reporters at the launch of Kuala Lumpur International Aerospace Business Convention (KLIABC) 2018, earlier today.

Most of Malaysia's Aerospace components are exported to Indonesia, Singapore, United States, United Kingdom, and China.

(Soundbite of Datuk Seri Ong Ka Chuan / Second International Trade And Industry Minister.)

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