Malaysia is setting its sights on sustainable aerospace manufacturing, seeking collaboration with aerospace giant Boeing to leverage advanced technologies and practices. Tengku Zafrul Aziz, Malaysia’s investment, trade, and industry minister, highlighted the need for swift action to reduce greenhouse gas emissions. The collaboration with Boeing is seen as a crucial step towards accelerating sustainable manufacturing in the country’s aerospace industry.
In an effort to expedite the adoption of sustainable manufacturing practices, Malaysia is reaching out to global partners like Boeing, aiming to foster the rapid institutionalisation of these practices. Minister Tengku Zafrul stressed the urgency to act swiftly, underlining the global imperative to reduce greenhouse gases. He emphasised that both speed and scale are essential to drive the integration of sustainable manufacturing practices.
Malaysia is seeking increased incentives and allocations for its aerospace industry in the 2024 Budget. Minister Tengku Zafrul expressed hope for additional support, complementing the New Industrial Master Plan (NIMP) 2030 and Malaysian Aerospace Blueprint 2030. These initiatives are aimed at positioning Malaysia as a prominent aerospace hub in Southeast Asia and a crucial part of the global aerospace supply chain by 2030.
The partnership with Boeing is seen as a significant step towards advancing Malaysia’s aerospace industry. Boeing is renowned for its cutting-edge aerospace technology and is now expected to share its expertise and technology with Malaysian suppliers. This collaboration underscores the strategic importance of Malaysia’s burgeoning aerospace landscape, demonstrating growing confidence in its industry capabilities and investment prospects.
Malaysia’s aerospace industry blueprint outlines 41 key initiatives projected to generate an annual revenue of RM55.2 billion and create 32,000 high-income jobs by 2030. The aerospace industry is a critical player in advancing Malaysia’s economic complexity, technological integration, and net-zero emission goals as outlined in the NIMP 2030.
Malaysia’s collaboration with Boeing represents a crucial step in advancing sustainability in its aerospace industry. By seeking global partnerships and embracing cutting-edge technologies, Malaysia aims to position itself as a key player in the global aerospace supply chain while promoting sustainable practices and environmental responsibility. The aerospace industry will play a pivotal role in driving Malaysia’s economic growth and technological advancement in the coming years.
