Wednesday 21/05/2025

 ^{MITI Pavilion at LIMA 2025}

MIDA Drives High-Impact Investments and Innovation to Futureproof Malaysia’s Strategic Aerospace and Maritime Industries Amid Global Economic Uncertainties.

LANGKAWI, May 21 (Bernama) -- As global supply chains face ongoing disruptions and the race for technological leadership intensifies, Malaysia is doubling down efforts on its strategic industries to secure long-term economic resilience and regional influence. The Malaysian Investment Development Authority (MIDA) has reaffirmed the nation’s commitment to accelerating growth in Aerospace and the Shipbuilding and Ship Repair (SBSR) sectors — key pillars of the New Industrial Master Plan (NIMP) 2030 aimed at transforming Malaysia into a future-ready, innovation-driven economy.

Malaysia is leveraging its strategic location and skilled workforce to become a preferred hub for advanced aerospace and maritime industries. MIDA is actively supporting investors to pioneer sustainable technologies, strengthen supply chains, and build industrial ecosystems that withstand global headwinds.

Aerospace: Accelerating Towards Regional Leadership

MIDA also aims to elevate Malaysia’s status as a regional aerospace hub, particularly in Maintenance, Repair and Overhaul (MRO), manufacturing, and engineering services. With the global aerospace value chain shifting towards Asia, Malaysia is seizing the opportunity to enhance its competitiveness and capabilities.

Malaysia's aerospace ambitions gained significant momentum in 2024, with nine approved projects valued at RM1.4 billion - 71% from international investors. This achievement underscores growing global confidence in Malaysia's comprehensive aerospace ecosystem, particularly in MRO, manufacturing and engineering services.

Underscoring the importance of both aerospace and SBSR to Malaysia’s industrial trajectory, YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), stated, “Malaysia’s aerospace and maritime sectors are pivotal to our industrial transformation. Through the New Industrial Master Plan 2030, we are introducing forward-looking policies that support technology adoption, strengthen local supply chains, and promote sustainability across strategic industries. Our role as policymakers is to create the right enabling environment — one that encourages collaboration, drives competitiveness, and positions Malaysia as a regional leader.”

Pioneering Maritime Growth through Collaboration and Sustainability

Strategic Forum on Maritime Collaboration: MIGHT x MIDA

In collaboration with the Malaysian Industry-Government Group for High Technology (MIGHT), MIDA co-organise an open forum titled “Navigating the Future: Innovation, Collaboration, and Sustainable Growth in the SBSR Industry”. The forum focused on accelerating transformation across the maritime industry through:

• The adoption of advanced technologies in shipbuilding and repair;
• Public-private partnerships to enhance industrial resilience; and
• Sustainable practices to ensure long-term sectoral growth.

By facilitating this open forum, MIDA and MIGHT aim to support Malaysia’s SBSR sector in embracing transformation and futureproofing against global headwinds. MIDA was represented by Puan Habibah Enok, Director of the Oil and Gas, Maritime and Logistics Services (OGML) Division.

Malaysia’s SBSR sector continues to gain traction, with five (5) approved investments projects recorded in 2024, valued at RM50.4 million. These investments span vessel construction, repair facilities, and support services, further enhancing Malaysia’s maritime competitiveness and capabilities.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, stated, “Malaysia’s aerospace and SBSR sectors continue to attract strong interest from investors due to their depth, agility, and growth potential. At MIDA, we are focused on translating this momentum into meaningful impact by enhancing ecosystem readiness — from infrastructure and talent to supply chain integration. These sectors are not only vital to our economic diversification but are also gateways to greater global engagement.”

As Malaysia advances its industrial agenda, MIDA continues to lead national efforts to:

• Attract high-impact investments;
• Foster industrial partnerships; and
• Position Malaysia as a resilient, innovation-driven economy.

MIDA’s engagements this year include targeted investor briefings and ecosystem development initiatives to unlock new opportunities in high-growth sectors.

With NIMP 2030 as the guiding framework, Malaysia’s commitment is clear: to futureproof its economy, empower its industries, and lead the region through innovation and collaboration.

Appendix: Industry Partner Quotes

Safran Landing Systems
Mr. Renaud Duval, Managing Director, Wheels and Brakes Division
Safran Landing Systems Malaysia Sdn. Bhd.

“Malaysia has proven to be a strategic base for Safran’s aerospace activities in the region. We are encouraged by the strong support from local stakeholders and the availability of skilled talent. As demand continues to grow across Asia, Safran is committed to expanding our operations and deepening our collaboration within Malaysia’s aerospace ecosystem.”

Muhibbah Engineering (M) Bhd.
Mr. Mac Ngan Boon, Group Managing Director, Muhibbah Engineering (M) Bhd.

“Malaysia’s SBSR sector is entering an exciting era of innovation and strategic relevance. At Muhibbah Engineering, we are proud to support the nation's efforts by delivering advanced maritime infrastructure and engineering excellence. With MIDA’s continued support, we believe Malaysia can evolve into a regional leader in shipbuilding and marine solutions.”

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT: 
MIDA
Name: Ms. Habibah Binti Enok
Director, Oil and Gas, Maritime and Logistics Services (OGML), MIDA
Tel: +603-2267 3539
Email: habibah@mida.gov.my 
 
Name: Ms. Noor Suziyanti Binti Saad
Director, Transportation Technology Division, MIDA
Tel:  +603-22673575
Email: suziyanti@mida.gov.my 

--BERNAMA