KUALA LUMPUR, June 17 (Bernama) -- The Malaysian Investment Development Authority (MIDA) congratulates UMW Aerospace Sdn. Bhd., a wholly-owned subsidiary in the UMW Group, for being inducted in the 2021 Cohort of Rolls-Royce’s High Performing Supplier Group.  The inclusion places UMW Aerospace amongst the top 5 per cent of Rolls-Royce’s global suppliers, since winning the “Trusted to Deliver Excellence” award in 2018.
 
UMW Aerospace is the only home-grown company to become a Tier 1 supplier to Rolls-Royce.  In August 2015, UMW Aerospace signed a 25+5 year contract with Rolls-Royce to manufacture and assemble fan cases for the latter’s Trent 1000 and Trent 7000 engines. Based in the UMW High-Value Manufacturing Park in Serendah, UMW Aerospace successfully delivered the first fan case for Trent 1000 engines in November 2017. Subsequently, it delivered the maiden fan case for Trent 7000 engines in October 2020. The fan cases are transported to Rolls-Royce’s facility in Singapore.
 
UMW Holdings Berhad President and Group CEO, Dato’ Ahmad Fuaad Kenali remarked, “We are humbled with this achievement.  Our unwavering commitment to high quality products and services has led to this recognition.  UMW Aerospace has proven itself as a reputable player in the highly-regulated aerospace industry in a short period.  Furthermore, this achievement places UMW Aerospace among the more established players in the industry and in a favourable position to participate in Rolls-Royce’s future projects.  We believe this achievement is a testament to Malaysia’s potential to become an aerospace hub in ASEAN.” 
 
He further added, “We are also extremely grateful to MIDA for their continuous support and guidance.  MIDA had been instrumental in assisting us to set up the operations in Serendah in record time through collaboration with various government agencies.  We had recently signed a Memorandum of Understanding (“MOU”) with MIDA that will allow both parties to leverage on each other’s strengths to provide capacity building opportunities to attract high-quality investments into Malaysia.”
 
Mr. Arham Abdul Rahman, Chief Executive Officer of MIDA, reiterated that, “The Government is fully committed in developing Malaysia's aerospace industry and we are proud that UMW Aerospace has been included in the 2021 Cohort of Rolls-Royce’s High Performing Supplier Group and recognised as the top five (5) per cent of Rolls-Royce’s global suppliers.  MIDA applauds Rolls-Royce for the confidence and the opportunity given to UMW Aerospace to be part of their supply chain.  This recognition shows that Malaysia is indeed an ideal location to meet the growing demand of aerospace sector in the Asia-Pacific region.”
 
Through various agencies, including MIDA, the Government will ensure the long-term development of the local aerospace industry, including expanding the aerospace supply chain with the participation of Small and Medium Enterprises (SMEs); as Malaysia strives to become a leading aerospace nation in South-East Asia by 2030.  As the country’s pivotal investment promotion agency, MIDA envisions to develop more Tier 1 home-grown companies such as UMW Aerospace and further nurture them to penetrate new markets, as well as link up with major aerospace industry players, including Original Equipment Manufacturer (OEMs) at the global arena.
 
“Given the vibrant business environment, we are optimistic that Rolls-Royce will benefit from Malaysia’s established ecosystem and facilities.  We are pleased that Malaysia continues to fit into Rolls-Royce’s overall growth strategy for the region, exceptionally so, with its Industry 4.0 technology success.  This aligns with the Government’s efforts to attract high value-added and technology intensive projects into the country.  We believe, with our strategic value proposition, companies will be able to grow their business to another level and transform as competitive world players.  We will ensure the business sentiment in Malaysia remains attractive amid the challenging global economy and the current wave of the COVID-19 pandemic”, added Mr. Arham.
 
The aerospace sector will remain as one of the high growth industries in the 12th Malaysia Plan, soon to be announced this year.  MIDA will consistently promote the aerospace industry in line with the Malaysian Aerospace Industry Blueprint 2030.  Today, Malaysia hosts 230 companies in maintenance, repair and overhaul (MRO), aero-manufacturing, education and training, systems integration and, engineering and design activities, with the support of 27,500 employees.

About MIDA
 
MIDA is the government's principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About UMW

The UMW Group is an international conglomerate that develops industries, manages partnerships and facilitates growth. It is involved in four core business segments – Automotive, Equipment, Manufacturing & Engineering and Aerospace.  The Group operates in 8 countries and has over 7,000 employees.
 
Moving forward, UMW strives to play a leading role in shaping the future of its industries.  The Company will do this by inspiring vibrant ideas, nurturing potential, pioneering partnerships and delivering excellence in everything it does; the rewards of which will contribute to the progress and well-being of all its stakeholders.

Source: UMW Corporation Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Manjit Kaur Balkar Singh (Ms)
Tel: +603 2267 3509
Email  : manjit@mida.gov.my

Name: S Vikneshwaran (Mr)
Tel: +6019 850 5799
Email: vikneshwaran.s@umw.com.my

--BERNAMA