N. Sembilan, Turkey to collaborate in Aerospace Valley development - Exco - MIDA | Malaysian Investment Development Authority
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N. Sembilan, Turkey to collaborate in Aerospace Valley development – Exco

N. Sembilan, Turkey to collaborate in Aerospace Valley development – Exco

22 Feb 2022

The Negeri Sembilan government will collaborate with Turkish Aerospace Industries (TAI) in developing the NS Aerospace Valley – NSAV, in the near future.

State Investment, Industry, Entrepreneurship, Education and Human Capital Committee chairman Datuk Dr Mohamad Rafie Abdul Malek said the cooperation would be implemented through a memorandum of understanding (MoU) scheduled to be signed by both parties between March 28 and April 1, here.

He said the state  government’s investment mission which he represented, in collaboration with the Malaysian Embassy in Turkey in Ankara and the Malaysian Investment Development Authority (MIDA) headquartered in Milan, Italy, was in Turkey from Feb 15 to yesterday, for the purpose.

“We want to develop the NS Aerospace Valley – NSAV with an area of 6,474 hectares (ha) and the Unmanned Vehicle Valley (UVV) with an area of 1,821 ha, in the Malaysia Vision Valley 2.0 (MVV 2.0) area with their cooperation.

“It is also beneficial for the opening of the aerospace manufacturing sector in MVV 2.0 apart from offering training and technology transfer to local talents,” he told Bernama here today.

He said through the collaboration, the Aerospace Institute at MVV2.0 will also be established, thus strengthening Malaysia and Turkey’s relations as well as MVV 2.0’s strategic position with a network of connections by air, sea, and land, giving the advantage to investors to invest in the state.

In the meantime, he said the state government had also prepared a comprehensive economic development master plan 2045, targeted at high-tech industries and green technology.

According to him, apart from NS Aerospace Valley – NSAV, the entire development planning is also focused on several other parcels including Parcel A with an area of 1,148 ha covering High Tech Industrial area and Parcel B (3,559 ha) Smart Region covering residential, commercial, health city, educational institutions, and halal hubs.

Meanwhile, he said Negeri Sembilan, which recorded an investment value of more than RM5 billion last year, was also eyeing opportunities to establish cooperation with several other countries in the future.

“The actual amount of investment in 2021 has not been announced yet but estimates show that it is more than RM5 billion, which is beyond our target and for this year, we are optimistic that we will be able to increase the total state investment to RM10 billion,” he said.

MVV2.0 is an economic growth corridor initiated by the Negeri Sembilan government and is a long-term development plan with a development period of 30 years (2016-2045) starting in the Eleventh Malaysia Plan (11MP) 2016-2020.

It is also a world-class metropolis development plan in an area of 153,411 hectares covering Seremban and Port Dickson.

Source: Bernama