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October 12, 2005
Malaysia a hub for aircraft repair
Malaysia has become a regional centre for the maintenance, repair and overhaul (MRO) of aircraft engines. GE Engine Services Malaysia, a joint venture with Malaysia Airlines, had in less than a decade, acquired clients from over 30 airlines in the Asia-Pacific region, with some signing up for 15-year contracts.
It is the largest MRO shop of its kind in Asia. Malaysia has areas that are very attractive to investors according to GE's CEO Jeff Immelt. He said part of the reason for Malaysia’s attractiveness was the relatively high number of skilled, English speakers.
"The country’s emphasis on skills development and a supportive investment climate is also key to Malaysia’s attractiveness as a foreign investment destination," Immelt added.
Posted by admin at October 12, 2005 08:01 AM