The recent participation in the Farnborough International Airshow 2022 (FIA 2022), which took place from 18 to 22 July 2022 has attracted a large number of visitors from global aerospace companies to the Malaysian pavilion, including Piaggio Aerospace, Leonardo SPA, Honeywell Aerospace, Deutsche Aircraft, and Spirit AeroSystems.
The Malaysian pavilion at FIA 2022 was organised by the Ministry of International Trade and Industry (MITI) in collaboration with the Malaysia External Trade Development Corporation (MATRADE), the National Aerospace Industry Coordination Office (NAICO) and the Malaysian Investment Development Authority (MIDA).
The mission was led by Datuk Lokman Hakim Ali, Secretary General of MITI whereby 17 companies and government agencies have participated in this event among others, Bumiputera Agenda Steering Unit (TERAJU), BHIC Aeroservices Sdn Bhd, CTRM Aero Composites Sdn Bhd, DRB-HICOM Defence Technologies Sdn Bhd, Galaxy Aerospace Sdn Bhd as well as Malaysia Airport Holdings Berhad with the goal of showcasing Malaysia’s strengths and acquiring the most recent advancements in the aerospace industry.
The FIA 2022, provides a platform for Malaysian companies to participate in the global supply chain. Malaysia’s participation in FIA 2022 yielded a total revenue of RM572.6 million for aerospace products and services such as aerospace parts and components, engineering and design services, training services, maintenance, repair, and overhaul (MRO), as well as systems integration and maintenance. A total of 332 business meetings were held between Malaysian companies and overseas buyers during the event.
The highlight of the exhibition was when Duli Yang Maha Mulia Seri Paduka Baginda Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah visited the Malaysia Pavilion on 19 July 2022. “Tuanku is delighted to see such active participation from our aerospace players. Of course, his advice is that we should vigorously promote the aerospace industry since it brings high revenue growth across the board, from manufacturing activities to maintenance services to training services. This is in line with the government initiative to promote high-value export” said YBhg. Tan Sri Dr. Halim Mohammad, Chairman of MATRADE.
“MATRADE’s participation in the event manifested our continued commitment to highlight the strengths and capabilities of the Malaysian aerospace sector, offering an opportunity for capable and export-ready SMEs to expand their brands’ presence and establish business partnerships while promoting Malaysia as the aerospace industry hub in Southeast Asia,” added Halim.
The FIA is the world’s most important aviation industry trade event, providing a wide range of new business and networking opportunities to its global audience. The FIA presents an environment for exhibitors to meet with influencers, build new contacts, acquire vital insight into industry trends, and experience cutting-edge technology through flying and static displays.”
The event recorded a total of 1253 exhibitors from 24 countries that participated in this exhibition, with major participation observed from countries such as the United States (385 companies), the United Kingdom (342 companies), and Italy (130 companies). Malaysia was the only ASEAN country in the exhibition with a country pavilion. In addition, panels and discussions such as the Aerospace Global Forum (AGF), Pioneers of Tomorrow, and Technology Showcase were held throughout the exhibition along with networking events. These were beneficial to the Malaysian participants that were looking for market insight and opportunities to expand their network in the aerospace industry.
MATRADE looks forward to participating in the upcoming aerospace exhibitions such as MRO Singapore Asia 2022, Paris Airshow 2023, and Farnborough International Airshow 2024. Malaysian companies keen to know more about the export opportunities of the aerospace sector are urged to contact MATRADE via email or any of MATRADE’s social media platforms (Facebook, Twitter, Instagram & LinkedIn).
