Monday, 26 Apr 2021 09:51 PM MYT
Datuk Seri Wan Junaidi Tuanku Jafaar speaks to reporters in Kuching June 5, 2019. Picture by Sulok Tawie
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SUBANG JAYA, April 26 The government targets to have a total of 50 small and medium enterprises (SMEs) under the Strategic Industries and High-Performance SME Improvement Programme (Prestige): Aerospace Manufacturing Initiative (AMI) by 2030.
The programme is implemented by the Entrepreneur Development and Cooperatives Ministry (Medac) through SME Corporation Malaysia.
Medac minister, Datuk Seri Wan Junaidi Tuanku Jaafar, said 30 SMEs had been involved in the programme since 2017, and 10 more SMEs were expected to be brought in this year.
The programme is implemented by the Entrepreneur Development and Cooperatives Ministry (MEDAC), through SME Corporation Malaysia.
MEDAC minister Datuk Seri Wan Junaidi Tuanku Jaafar said 30 SMEs had been involved in the programme since 2017, and 10 more SMEs were expected to be brought in this year.
“The programme has made a positive impact, with the SMEs involved recording cumulative sales of RM69.9 million in 2019 for an average sales growth of nearly 24%,” he told reporters after the official opening of the new building of one of the programme’s participants, Kaizan Aero Manufacturing Sdn Bhd, here today.
Apart from this achievement, the company had also obtained the quality management system certifications needed for the aerospace industry, including the AS9100 and NADCAP (National Aerospace and Defense Contractors Accreditation Programme) certifications, to fulfil the criteria for being a global aerospace component producer, Wan Junaidi said.