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Inspiration<br />
AEROSPACE<br />
& AVIATION<br />
Badlisham said part and parcel of the estimated impact was<br />
due to the ability of leveraging on another key strategic<br />
advantage — infrastructure-ready available land bank of 100<br />
square kilometres surrounding KLIA.<br />
"The government has recently granted Malaysia Airports a<br />
60-year extension on a rolling lease basis for this land bank.<br />
This foresight means KLIA has unrestricted growth potential,<br />
allowing us to expand from a core airport to that of a complete,<br />
synergistic airport and aviation ecosystem that provides best<br />
in-class connectivity, speed and agility."<br />
Badlisham said the three key clusters identified were synergistic<br />
to the larger airport system and will serve to not only benefit<br />
the airport operator but also the aviation supply chain as a<br />
whole, in view of its strong alignment with the national agenda<br />
as well as the strong demand available today and over the<br />
longer term.<br />
Photo Credit: Spirit AeroSystems Malaysia Sdn. Bhd.<br />
KLIA Aeropolis is poised to become the core of Malaysia's<br />
aerospace ecosystem. The existence of the ecosystem makes it<br />
a perfect hub for aerospace and aviation-linked businesses that<br />
offer complete solutions for aerospace manufacturing, original<br />
equipment manufacturing (OEM) and engineering services.<br />
"The aim is to capture a significant pie of the aerospace<br />
offshoring activities by aircraft OEMs and first-tier manufacturers<br />
who are looking to Southeast Asia in order to leverage on its<br />
cost-competitiveness, ready talent pool, available infrastructure,<br />
as well as to be closer to the market. Thirty percent of aircraft<br />
deliveries are to the APAC region. APAC also accounts for<br />
21% of the global MRO (Maintenance, Repair and Operations)<br />
market demand today and is expected to grow at 4.6% per<br />
annum. Our aim is to capture at least 5% of the global market<br />
share," Badlisham said.<br />
AIR CARGO<br />
& LOGISTICS<br />
Photo Credit: MASkargo<br />
Drawing from the experience of top-notched industry experts<br />
and a cohesive air cargo community, KLIA Aeropolis manifests<br />
its Air Cargo & Logistics blueprint into an expanded Free<br />
Commercial Zone of over 50 hectares to accommodate the<br />
long-term growth needs of both first and second tier cargo<br />
industry players.<br />
A 100-hectare dedicated Logistics Park consisting of valueadded<br />
logistics and regional distribution centres serves to spur<br />
economic activities and increase high value trade opportunities.<br />
Badlisham said, "While KLIA's past cargo growth rates had<br />
been in the low single digits, we had recorded high growth<br />
in specific cargo segments, namely 33% in express cargo and<br />
102% in mail cargo volume, since 2010. This is aligned with<br />
the global trend of e-commerce, where the market in Southeast<br />
Asia is expected to grow by five times to USD35 billion by<br />
2018. Intra-Asia is projected to be the fastest growing airfreight<br />
trade lane globally, growing at 6.5% annually up to 2033.<br />
He added that Malaysia Airports was targeting an annual<br />
long-term forecast of 2.5 million to 3 million tonnes by 2050,<br />
from about 726,000 tonnes today.<br />
MICE &<br />
LEISURE<br />
Photo Credit: Mitsui Outlet Park KLIA Sepang<br />
In creating the ultimate airports city, another key value<br />
proposition is also the availability of urban amenities and<br />
diversified services which are appealing to modern lifestyle.<br />
Thus the third development cluster for KLIA Aeropolis is the<br />
provision of MICE & Leisure components. Apart from positioning<br />
KLIA Aeropolis as a destination itself, it will support the strong<br />
economic engine of growth that is the tourism sector.<br />
With iconic projects such as Mitsui Outlet Park (MOP) KLIA<br />
Sepang and Airport Central, this cluster serves an ancillary<br />
yet indispensable function supporting the entire development<br />
of KLIA Aeropolis.<br />
FORGING SMART PARTNERSHIPS<br />
With KLIA at its nexus providing excellent connectivity, KLIA<br />
Aeropolis provides an important link to a thriving regional<br />
market. It will also lay the perfect foundation for a cargo and<br />
aerospace ecosystem which will extend beyond the boundaries<br />
of KLIA Aeropolis.<br />
In the words of a world-renowned air commerce expert, John<br />
D. Kasarda, "Airports have become not just 21st century business<br />
magnets, but also regional economic accelerators, catalysing<br />
and driving business development outward for many miles."<br />
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