The challenge
Selangor expects to expand one of its aerospace parks to attract more industry players to work with the state in one of the fast-growing sectors around the globe.
The challenge
An area of 2,000 acres (81ha) has been identified and will be announced when all requirements are finalised. It will complement the existing aerospace industrial areas which are being developed. Currently, Selangor is already a house for aerospace-related firms, with 62% of the total 230 companies mainly located in Sepang, Subang and Serendah, also known as the “3S” areas.
The solution
Initially providing consultancy services, Arcadis was asked to develop the primary scope of works, which included: Prepare financial modelling of the park developer, park manager and investor models. This includes a revenue model, incentives, cash flow statement, income statement and a cost benefit analysis.
The impact
As you would expect, the aerospace park will provide high-tech and smart industries facilities towards Malaysia. More than that, the development will manufacture and supply Trent 1,000 and 7,000 aero engine fan cases to the facility in Seletar Aerospace Park, Singapore. In the efforts to make Selangor the leading investment location for the aerospace industry development by 2030.
Used capabilities
