Their JV company is setting up aircraft maintenance, repair and overhaul facility in Subang
GEORGE TOWN: Boustead Heavy Industries Corp Bhd (BHIC) is expanding into the aircraft maintenance, repair and overhaul (MRO) business following its latest agreement with Eurocopter Malaysia Sdn Bhd.
BHIC executive deputy chairman and managing director Tan Sri Ahmad Ramli Mohd Nor said in an interview that about RM50mil to RM100mil had been allocated for the MRO facility that was being developed at the new Subang Helicopter Centre.
Ramli was speaking on the sidelines of the 11th Langkawi International Maritime and Aerospace Exhibition 2011 (LIMA 11), where the agreement was inked on Dec 7.
“We hold 51% in the joint-venture company, BHIC AeroServices Sdn Bhd, formed with Eurocopter.
“We will operate soon from a temporary facility at Terminal 3 in Subang Skypark, while a permanent one is being developed at the new Subang Helicopter Centre.
“The new facility would provide maintenance services for commercial and military aircraft,” he said.
In another development, Ramli said BHIC's new joint-venture company,Contraves Advanced Devices Sdn Bhd, had yesterday signed an agreement with Rheinmetall Defence Electronic GmbH to make aerospace electronics of ISO 9100 standard.
The agreement includes a comprehensive technology transfer programme and investment in new state-of-the-art facilities for aerospace electronics manufacturing.
“Under the first phase of the project, Contraves would work with local small and medium enterprises to make housing and mechanical components.
“The second phase will deliver 180 production shipments to confirmed European customers.
“Subsequent phases are planned for the new A400M aircraft orders, to expand the scope to include the manufacture of Airbus 330 and A380 aircraft electronics sub-assemblies,” he said.
The value of the two initial phases is likely to exceed RM100mil, while the value of the subsequent phases may be more than RM500mil.
Contraves is a joint venture between BHIC Defence Technologies Sdn Bhd and Rheinmetall Air Defence AG.
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