Malaysia's government laid out an ambitious roadmap for its aviation maintenance, repair, and overhaul industry at the Aviation Week MRO Southeast Asia event on May 13, targeting RM55 billion ($14 billion) in annual MRO revenue by the end of this decade.
Deputy Minister of Investment, Trade and Industry Sim Tze Tzin announced the target, representing a substantial increase from the RM32.5 billion the sector generated in 2025. The Asia-Pacific MRO market is forecast to reach $60 billion by 2030, and Malaysia aims to capture 20% to 25% of that regional growth.
To support those ambitions, the government is investing in new infrastructure. The Selangor Aero Park at Kuala Lumpur International Airport is under construction, with the first phase covering 200 acres. GE Aerospace is the anchor tenant, with the first stage of its facility scheduled for completion in the first quarter of 2027. The park is designed to host MRO operators and Tier 1 suppliers at scale, providing what the government describes as a scalable environment for industry growth.
Sim emphasized that Malaysia must move up the value chain rather than compete on volume in base maintenance, targeting higher-value segments such as components and avionics. The government has also set a goal of creating 30,000 high-skill aerospace jobs by 2030.
Malaysia Airports CEO Bryan Thompson noted that more than 30% of Malaysia's aerospace operators already occupy facilities under Malaysia Airports management, contributing 40% of the country's total aerospace revenue.
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Source: Aviation Week -- https://aviationweek.com/mro/aircraft-propulsion/malaysia-aims-larger-share-regions-mro-business