The Malaysian aerospace industry is a strategic but open industry that allows participation of companies from all over the world. In recent years, the industry has tended towards risk sharing ventures with projects like the A380, A400M and Boeing 787. This scenario requires companies intending to embark on such projects to position themselves on a higher strategic platform with competitive advantages such as technical know-how.
Strand Aerospace Malaysia (SAM) embodies this paradigm shift in the industry by focusing on higher-value upstream aerospace activities. As a knowledge-based organisation, the company relies on its intellectual capital (e.g. in house knowledge databases and training systems) as the source of its competitive advantage. To this end the company aspires to become the national repository for aerospace structures knowledge and to play its part in accelerating the transformation of the Malaysian Aerospace industries landscape to that of increasingly higher-value activities.
The presence of SAM will enable Malaysian engineers to become primary structures signatories as well as expedite the bringing of primary structures work to Malaysia. This in turn can increase the attractiveness of the Malaysian Aerospace Industry, for investors, industry players and employees alike.
Due to global economic pressures, OEM’s are urgently increasing outsourcing, which is not limited to manufacturing. Upstream activities such as design and engineering are set to follow suit, contributing to a robust outlook for the industry in the coming years.
SAM is now poised to attain the critical mass needed to quickly establish itself as a key supplier of aircraft engineering services to the global aerospace market. It is becoming a focal point for the global aerospace industry in the South East Asian region.
Datuk Dr Ahmed Tasir Lope Pihie
Chairman Strand Aerospace Malaysia
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