MAHB: Slew of deals to boost Subang airport ecosystem
Group signs deals to boost aviation ecosystem in Subang
MALAYSIA Airports Holding Bhd (MAHB) has signed a slew of partnerships to help accelerate its Subang Regeneration Initiative.
The agreements were inked with major aerospace and industry players at the Singapore Airshow here yesterday.
MAHB managing director Datuk Badlisham Ghazali said Subang Skypark boasted a mature aerospace community that was well-known for its maintenance, repair and overhaul (MRO), fixed-base operator (FBO), and manufacturing and training services with the presence of world-renowned players. They include Spirit Aerosystems, one of Airbus and Boeing’s major suppliers, as well as Airbus Helicopters and Leonardo (formerly known as AgustaWestland).
“We expect that a further regeneration of the Subang aerospace and aviation ecosystem will create a spillover effect at KLIA Aeropolis.
“Currently, we are creating value through synergistic collaborations with our business partners in order to derive mutual benefits and provide solutions in terms of supply chain, human capital, infrastructure and equipment as well as technology to better attract aerospace players to be part of the established ecosystem in Subang and subsequently expand into KLIA Aeropolis,” h said.
The first agreement is between MAHB and Axis REIT Real Estate Investment Trust (Axis-REIT) to develop a built-to-suit industrial manufacturing facility for Senior Aerospace UPECA.
Axis-REIT focuses on office and industrial real estate, with RM2.5 billion in assets under management.
Senior Aerospace is part of the Senior group of companies, a leader in manufacturing and technology for aerospace, automotive and industrial products. It is a Tier 1 aerospace player and manufactures and supplies aircraft parts for Airbus and Boeing.
The new 178,000-sq-ft facility has state-of-the-art automation and will house more than 400 engineering and technical employees.
“We are excited to be part of MAHB’s synergistic collaboration in their regeneration initiative of the Subang aerospace and aviation ecosystem,” said Axis REIT Managers Bhd chief executive officer Leong Kit May.
Axis-REIT entered into a “build and lease” agreement with Senior Aerospace to build the facility on 2.84ha of land subleased from MAHB at the Malaysia International Aerospace Centre Technology Park.
Senior Aerospace chief executive officer Kavan Jeet Singh said: “We are excited about the development of this new facility. It reiterates our commitment to invest and grow in this region.”
MAHB also partnered up with Skyways Technics on the latter’s new facility at the MRO Centre in Subang Aerotech Park, which will also serve as its regional headquarters.
Subang has been Skyways Technics’ first and only footprint outside of Denmark since 2014.
It caters to the Asia-Pacific market specifically for spare parts, component repair and aircraft on ground services.
Skyways Technics regional manager (Asia) Lucas Ansinelli said: “Malaysia offers a great environment for Skyways Technics to further expand its component MRO activities in the region.
“The Subang airport has been our preferred choice since we started in 2014 and is still a strategic location which will continue to attract more MRO companies.”
MAHB also signed two memoranda of understanding with Asian Business Aviation Association and MARA Corp.