AgustaWestland Malaysia, an AgustaWestland subsidiary, and Malaysia Airport Holdings Bhd (MAHB) held a ceremony at the Farnborough International Airshow for the signature of long-term lease agreement, for a new facility at the Helicopter Centre being developed within the Malaysia International Aerospace Centre, at Sultan Abdul Aziz Shah (Subang) Airport near Kuala Lumpur.
The construction of the new facility at the Helicopter Centre will commence in 4th quarter 2012, and it is expected to be completed by the end of 2013.
Under the agreement AgustaWestland Malaysia will lease land to build a new 7,000 m2 (74,000 ft2) state-of-the-art facility as it continues to expand its regional maintenance and logistics hub. The AgustaWestland Malaysia headquarters at the new Helicopter Centre will include a new corporate office, hangar, warehouse facility and space for AgustaWestland’s Training Academy. The new facility will also enable AgustaWestland Malaysia to expand its Maintenance, Repair & Overhaul (MRO) and aircraft completion centre capabilities.
AgustaWestland is the only helicopter manufacturer to have selected Malaysia as its exclusive hub for maintenance and support services covering South East Asia and the Far East. Contributing to the growth of the Malaysian aerospace industry, AgustaWestland Malaysia now employs nearly 50 Malaysian staff and in 2011 registered revenues of more than €16 million (more than RM60 million) for support and logistics services.
The Helicopter Centre is one of six development components of the Malaysia International Aerospace Centre (MIAC) managed by Malaysia Airports, an organization that has been tasked by the Government of Malaysia to manage the development of the aerospace industry and to make Malaysia a global player in the aerospace business.