KUALA LUMPUR: Malaysia’s aerospace industry is projected to generate RM30 billion in revenue this year, up from RM25.1 billion recorded in 2024.
Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said the increase is supported by the existing project pipeline as well as the participation of international companies such as Airbus, Boeing and the growing presence of local players.
He said the target is realistic given the rapid growth of Malaysia’s aerospace industry, which continues to gain a stronger foothold in the global supply chain.
“We are optimistic that the RM30 billion target can be achieved this year, considering the involvement of international companies and the encouraging development of the domestic industry.
“In addition, Malaysia continues to strengthen international cooperation in the aerospace sector, including with China, Europe, and the United States,” he told the media after officiating the launch as well as 10th anniversary celebration of the National Aerospace Industry Corporation Malaysia (Naico) here today.
Tengku Zafrul said Malaysia’s aerospace industry generated RM25.1 billion in revenue last year, the highest level in a decade and currently supports 30,000 skilled workers across the ecosystem.
He added that recent major investments, including the expanded presence of Airbus and Boeing, reflect strong investor confidence in Malaysia’s rising role as a hub for advanced aerospace manufacturing in the Asia Pacific region.
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