Latest news with #IPAS2025
The Star
08-07-2025
- Business
- The Star
Malaysia scores RM1.16bil in potential sales at Paris Airshow
KUALA LUMPUR: Malaysia recorded RM1.16 billion in potential sales at the 55th International Paris Airshow (IPAS 2025), marking a major milestone for the country's high-technology export ambitions. The Malaysia External Trade Development Corporation (MATRADE) said IPAS 2025, held from June 16 to 22, 2025, in Le Bourget, France, served as a platform for Malaysia to showcase its evolving aerospace ecosystem, from advanced manufacturing and maintenance, repair and overhaul (MRO) to aviation training and New Space technologies. "The Malaysian delegation engaged in 145 high-impact business meetings with global buyers, original equipment manufacturers and strategic stakeholders. "Eleven Malaysian companies participated, representing key sub-sectors such as composite aerostructures, aircraft systems, defence-related tech, hydrogen-powered gensets, and fan case manufacturing,' it said in a statement today. MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz said the strong outcome at the Paris Airshow demonstrates growing global confidence in Malaysia's end-to-end aerospace capabilities, from precision engineering and MRO to New Space innovation "This momentum reflects the nation's deepening integration into global supply chains, particularly in Europe and the Asia-Pacific. Malaysian exporters must seize this opportunity to scale their international footprint,' he said. Mohd Mustafa said Malaysia's aerospace exports reached RM3.63 billion in the first five months of 2025, signalling continued sectoral resilience and relevance. Meanwhile, MATRADE noted that Malaysia's participation in IPAS aligns with the country's strategic aspirations as outlined in the New Industrial Master Plan 2030 and the Malaysia Aerospace Industry Blueprint 2030, which identify aerospace as a core driver of future-ready industrial transformation. "With a certified supply chain ecosystem, investor-friendly policies, and a highly skilled talent pool, Malaysia offers global aerospace players a compelling and competitive partnership hub in Southeast Asia,' it added. - Bernama
New Straits Times
08-07-2025
- Business
- New Straits Times
Malaysia scores RM1.16bil in potential sales at Paris Airshow
KUALA LUMPUR: Malaysia recorded RM1.16 billion in potential sales at the 55th International Paris Airshow (IPAS 2025), marking a major milestone for the country's high-technology export ambitions. The Malaysia External Trade Development Corporation (MATRADE) said IPAS 2025, held from June 16 to 22, 2025, in Le Bourget, France, served as a platform for Malaysia to showcase its evolving aerospace ecosystem, from advanced manufacturing and maintenance, repair and overhaul (MRO) to aviation training and New Space technologies. "The Malaysian delegation engaged in 145 high-impact business meetings with global buyers, original equipment manufacturers and strategic stakeholders. "Eleven Malaysian companies participated, representing key sub-sectors such as composite aerostructures, aircraft systems, defence-related tech, hydrogen-powered gensets, and fan case manufacturing," it said in a statement today. MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz said the strong outcome at the Paris Airshow demonstrates growing global confidence in Malaysia's end-to-end aerospace capabilities, from precision engineering and MRO to New Space innovation "This momentum reflects the nation's deepening integration into global supply chains, particularly in Europe and the Asia-Pacific. Malaysian exporters must seize this opportunity to scale their international footprint," he said. Mohd Mustafa said Malaysia's aerospace exports reached RM3.63 billion in the first five months of 2025, signalling continued sectoral resilience and relevance. Meanwhile, MATRADE noted that Malaysia's participation in IPAS aligns with the country's strategic aspirations as outlined in the New Industrial Master Plan 2030 and the Malaysia Aerospace Industry Blueprint 2030, which identify aerospace as a core driver of future-ready industrial transformation. "With a certified supply chain ecosystem, investor-friendly policies, and a highly skilled talent pool, Malaysia offers global aerospace players a compelling and competitive partnership hub in Southeast Asia," it added.
