Selangor Aero Park set for launch at Paris Air Show 2025
SHAH ALAM: Selangor is set to mark a major milestone in its aerospace industry with the launch of the Selangor Aero Park (SAP) at the 2025 International Paris Air Show, which begins today.
Menteri Besar Datuk Seri Amirudin Shari chaired the final preparatory meeting ahead of the event, which will also feature the exchange of a Letter of Intent between Menteri Besar Selangor Incorporated (MBI Selangor) and the National Aerospace Industry Corporation (NAICO).
'A total of 11 Malaysian companies will be participating in the International Paris Air Show as exhibitors, with five of them hailing from Selangor.' he said in a Facebook post.
Previously, Transport Minister Anthony Loke was reported as saying that the development of SAP would strengthen Malaysia's efforts to become a leading air cargo hub in ASEAN.
According to him, the 242.81-hectare development aligns with the government's plan to enhance Kuala Lumpur International Airport's position as a regional logistics and aerospace hub.
Amirudin added that he was briefed on the programme flow by the Malaysia External Trade Development Corporation (MATRADE) and the Malaysian Investment Development Authority (MIDA), before holding further discussions with NAICO and Malaysia Airports Holdings Bhd (MAHB).
Also present at the meeting were Malaysian Ambassador to France Datuk Eldeen Husaini Mohd Hashim; state Investment, Trade and Mobility Committee chairman Ng Sze Han; as well as representatives from MBI Selangor and Invest Selangor.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
36 minutes ago
- The Sun
Malaysia seeks new palm oil markets amid global conflicts
KOTA BHARU: The government is exploring new markets for Malaysia's palm oil in an effort to reduce the nation's reliance on major exporting markets affected by geopolitical conflicts. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the ongoing Israel-Iran crisis and the Russia-Ukraine conflict have disrupted export shipments to certain zones. 'Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets are now considered high-risk due to armed conflicts. 'As such, we are exploring new markets, namely, countries that have yet to purchase Malaysian palm oil or cooking oil. This is crucial to ensure that our export levels remain stable,' he said, adding that the country is currently trading with nearly 80 nations, with plans to expand its reach even further. Speaking to reporters after attending the Dialogue with KPK programme at the MARA Poly-Tech College, Kota Bharu here today, the minister also urged plantation operators and smallholders to work closely with the government to ensure the resilience of the national commodities sector on the global stage. He noted that planters and operators must work with the government to address challenges at the international level. 'The European market is increasingly emphasising environmental sustainability and biodiversity-friendly practices in palm oil procurement. 'To enter their markets, we must prove that our plantations meet their standards, comply with sustainability principles and preserve biodiversity,' he said. Johari added that providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers. 'We are asking them to buy more from us, but the service we provide is just as important,' he said.
The Sun
41 minutes ago
- The Sun
Malaysia exploring new palm oil markets amidst geopolitical conflicts
KOTA BHARU: The government is exploring new markets for Malaysia's palm oil in an effort to reduce the nation's reliance on major exporting markets affected by geopolitical conflicts. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the ongoing Israel-Iran crisis and the Russia-Ukraine conflict have disrupted export shipments to certain zones. 'Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets are now considered high-risk due to armed conflicts. 'As such, we are exploring new markets, namely, countries that have yet to purchase Malaysian palm oil or cooking oil. This is crucial to ensure that our export levels remain stable,' he said, adding that the country is currently trading with nearly 80 nations, with plans to expand its reach even further. Speaking to reporters after attending the Dialogue with KPK programme at the MARA Poly-Tech College, Kota Bharu here today, the minister also urged plantation operators and smallholders to work closely with the government to ensure the resilience of the national commodities sector on the global stage. He noted that planters and operators must work with the government to address challenges at the international level. 'The European market is increasingly emphasising environmental sustainability and biodiversity-friendly practices in palm oil procurement. 'To enter their markets, we must prove that our plantations meet their standards, comply with sustainability principles and preserve biodiversity,' he said. Johari added that providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers. 'We are asking them to buy more from us, but the service we provide is just as important,' he said.
BusinessToday
an hour ago
- BusinessToday
Malaysia To Finalise E-Commerce Law Review By August, Minister Says
Malaysia's review of its e-commerce legislation is entering its final phase and is expected to be completed by August, paving the way for more robust consumer protection and a modernised regulatory framework, Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said. Launched in April 2023, the comprehensive review targets key laws such as the Consumer Protection Act 1999 and the Electronic Commerce Act 2006, aiming to make them more responsive to today's digital landscape. 'Our goal is to finalise the review by year-end, including obtaining Cabinet approval on whether to amend existing laws or introduce a new legal framework that is comprehensive and future-ready,' said Armizan. The initiative also benchmarks Malaysian legislation against international practices and addresses current gaps, especially the lack of direct regulation for platform operators and online sellers. While a licensing regime has not yet been decided, Armizan stressed the importance of balancing regulation with business growth. 'We want to ensure that any legal reforms support, not hinder, the continued expansion of Malaysia's e-commerce sector,' he added. A townhall session with industry stakeholders will be held on July 17 to gather further input. To date, 63 public and private sector entities have participated in consultations, supported by nationwide surveys. The urgency of the review is underscored by the sector's rapid growth, with Malaysia's e-commerce revenue projected to hit RM1.65 trillion in 2025, reinforcing its importance as a key economic driver. Related
