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ÿ�մ���’s aerospace maintenance, repair and overhaul (MRO) industry is on track to achieve RM55 billion in revenue by 2030 under the ÿ�մ��� Aerospace Industry Blueprint (MAIB) 2030, as the country positions itself to capture a larger share of the fast-growing Asia-Pacific aviation market.

Deputy Investment, Trade and Industry Minister Sim Tze Tzin said the target would account for about 25% of the Asia-Pacific MRO market, which is projected to exceed US$60 billion by the end of the decade.

Speaking at the MRO Southeast Asia 2026 event, Sim said ÿ�մ��� is already the third largest MRO player in the Asia-Pacific region and is now shifting towards higher-value services, particularly component and engine maintenance.

“We are shifting our focus toward higher-value MRO segments, such as component and engine maintenance,” he said.

Sim said the government is strengthening key industry enablers including infrastructure, talent development and technology adoption under MAIB 2030.

Among the initiatives highlighted were the regeneration of Subang Airport and the expansion of the Selangor Aero Park ecosystem, which are expected to support scalable growth for MRO operators and Tier-1 aerospace suppliers.

“At the same time, we are committed to building a highly skilled workforce, aiming to create more than 30,000 high-skilled jobs by 2030 while accelerating the adoption of advanced solutions, including predictive maintenance and digitalised MRO tools,” he said.

On geopolitical concerns, Sim said the ongoing conflict in West Asia has had limited impact on the aerospace sector so far, although airlines may face pressure from rising jet fuel prices.

“The impact remains limited on the aerospace sector. Aircraft components are still available, and aircraft continue to require regular maintenance as the industry grows,” he said.

Hosted by ÿ�մ��� Airports Holdings Bhd in collaboration with Aviation Week Network, the event gathered more than 350 participants from across the global aviation supply chain to discuss growth opportunities in Southeast Asia’s aerospace sector.