PETALING JAYA: The recently-concluded Malaysia-China Aviation Forum has yielded three pivotal Memorandum of Understanding (MoU) which are set to grow the nation's aviation industry, says the National Aerospace Industry Corporation (Naico Malaysia).
In a press release issued after the conclusion of the forum on Monday (Feb 19), it said that one of the three MoU signed is between the Chinese Society of Aeronautics and Astronautics (CSAA) and the Malaysian Autonomous Intelligence and Robotics Association (MyAIRA).
“(This will) foster international cooperation in the aerospace industry between China and Malaysia with the purpose of enhancing technology development and industry cooperation,” said Naico Malaysia.
It added that the second of the three signed over the course of the one-day forum is between Volar Air Mobility and Tahira Group regarding eVTOL (electric vertical takeoff and landing vehicle) aircraft.
“This partnership aims to revolutionise the logistics and transportation industry by integrating cutting-edge eVTOL technology to enhance efficiency, reduce carbon footprint, and streamline supply chain operations,” said Naico Malaysia.
It then said that the third MoU signed is between MAB Engineering Sdn Bhd and Impeccable Vintage Properties and is a lease agreement for the Hangar 4 airframe maintenance facility at Sultan Abdul Aziz Shah Airport.
“It represents a pivotal milestone as MAB Engineering expands its capability and footprint in providing MRO (Maintenance, Repair and Overhaul) services within the region,” said Naico.
It added that all three MoU underscore the event's significance in paving the way for future collaboration and growth in the aerospace sector.
On the forum itself, Naico Malaysia said that its success signifies a pivotal moment in Malaysia-China bilateral relations, especially in the aerospace and aviation sectors.
It added that it is part of the Aerospace Industry Promotion Program under the 12th Malaysia Plan, coinciding with the celebration of the 50th anniversary of the establishment of diplomatic relations between Malaysia and the People's Republic of China.
The agency under the Investment, Trade and Industry Ministry also said that the CSAA and International Association for Green Aviation (IAGA) were among the organisations that participated in the one-day forum.
“Naico Malaysia's role in facilitating this event emphasizes the organization's commitment to fostering Malaysia-China collaboration in the aerospace and aviation industry,” it said about the event held at the Malaysia International Trade and Exhibition Centre (MITEC).
“The event successfully brought together over 120 participants, featuring ministry and agency representatives, key players from the aerospace industry in Malaysia and China, higher education institutions, and skills training centers,” added Naico Malaysia.
