KUALA LUMPUR: The “flying vehicle” prototype will be unveiled as early as October despite public criticism on the project.
Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof said all the intellectual properties, including design, cost and software of the air mobility vehicle, were fully owned by the local company that developed it.
“The ministry only plays its role as a development facilitator of the air mobility industry ecosystem, especially in the drafting of policies, regulations and support for the local industry players to fulfil the need of the industry,” he told Dr Nik Muhammad Zawawi Salleh (PAS-Pasir Puteh) during Question Time in the Dewan Rakyat.
Nik Muhammad Zawawi had asked the ministry for an update on the development of the flying vehicle.
There had been much cynicism and even ridicule when Mohd Redzuan first spoke about “Malaysia’s first ever flying car”.
Some of the comments came from Opposition MPs, who likened it to what they had read about in Japanese comics.
Yesterday, Mohd Redzuan said the air mobility industry was among the areas identified by the ministry that had high marketability potential in the local and international market.
This was especially important in the infrastructure, security and agriculture sectors, he added.
“The air mobility industry uses the latest application technology like drones, big data analytics, turnkey application, artificial intelligence, mobility and the Internet of things, which are growing swiftly at the international level,” Mohd Redzuan said.
He said if the government did not provide the ecosystem and laws required by local players and companies, Malaysia would be left behind.
“We have initiated discussions with the relevant ministries, including the Transport Ministry, and the Civil Aviation Authority to look into the laws needed so that we will be prepared and allow the industry to grow.
“Other countries such as the United Arab Emirates have invited us to see the launch of their flying vehicle project. They started creating laws three years ago,” he said.
On a separate matter, Mohd Redzuan revealed that 11 projects had been approved for the aerospace sector with investments worth RM816mil to the Malaysian Investment Development Authority.
“Of that total, four projects are owned by international companies with investments worth RM338mil (41%), while seven projects are owned by local companies with investments worth RM478mil (59%),” he added.