Govt committed to supporting growth in aerospace sector
Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz says the new contract is expected to boost significantly the growth of Malaysia’s MRO industry, while also driving healthy competition with existing service providers. – Facebook pic, April 26, 2023.
He added that Malaysia is today in a much better position policy-wise to promote itself as pro-trade, pro-business and pro-investment. ADE, the engineering and maintenance subsidiary of Capital A Bhd, has secured a US$100 million investment from OCP Asia to construct and operate a 14-line aircraft maintenance hangar facility in Sepang, Selangor.
The minister also said ADE’s contract is expected to boost significantly the growth of Malaysia’s MRO industry, while also driving healthy competition with existing service providers.
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