KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) is optimistic about the growth prospects of the local aerospace industry due to expected strong demand for aircraft in the region over the next 20 years.
Mida manufacturing development (non-resource) executive director Datuk Wan Hashim Wan Jusoh said an estimated 35,280 aircraft worth US$4.84 trillion were expected to be delivered to countries around the world from last year to 2032.
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