SEPANG: The Selangor Aero Park (SAP) will complement Malaysia's aspirations to become a leading air cargo hub in the Asean region, says Transport Minister Anthony Loke.
"We have the recipe and preconditions said to be unmatched by any other country in the Asean region because KLIA spans 100 sq km. With this space, various plans can be implemented," he said.
Loke said there are three parallel runways in KLIA at present, with the potential to construct up to five runways.
"There are no other airports in Asean with this space and we also have very good connectivity.
"We want to turn KLIA into the main air cargo hub in Asean." said Loke.
Loke also said SAP, an effort between MAHB and Mentri Besar Selangor Incorporated (MBI), will become a specific industry zone that targets companies in the aerospace manufacturing and supply chain sector.
"This includes the manufacturing of aircraft components and related technology, as well as maintenance, repair and overhaul (MRO) services," he said.
Also present during the press conference was Selangor Mentri Besar Datuk Seri Amirudin Shari, who said that GE Aerospace would be the launch tenant at SAP after it secured 100 acres of land in its first phase.
"The first day, we are booked by 50%. This is a very good sign for the future," added Amirudin.
He also said several MRO companies are in talks to operate with SAP.
The SAP is a key component of the Malaysian Aerospace Industry Blueprint 2030 to generate RM55.2bil in annual aerospace revenue and create over 32,000 high-income jobs by 2030.
Spanning about 600 acres within the KLIA aeropolis, the park has a potential gross development value (GDV) of RM2.3bil.
The first phase of the SAP spans 200 acres and approximately 400 acres will be progressively released beyond 2028 in accordance with infrastructure readiness and investor demand.
