PUTRAJAYA – Datuk Seri Najib Tun Razak has described the RM830 million partnership deal between the UMW Group and Rolls-Royce Plc as part of the latter’s strategy to create a world-class, competitive global supply chain in the growth regions.
The prime minister said the 25-year agreement to manufacture and assemble fan casings for the Rolls-Royce’s Trent 1000 Aero Engines was exactly the kind of collaboration the government encouraged.
“I am delighted that UMW has been chosen to become the only Tier 1 supplier in Malaysia to Rolls-Royce, and I believe this reflects the confidence that Rolls-Royce has in the strength and stability of our economy, and the skills of our people,” he said.
Najib, who is also finance minister, was speaking before witnessing the signing of the agreement between Malaysia’s conglomerate UMW Group and Rolls-Royce, one of the world’s most renowned names in car- and aero-engine manufacturing, here today.
The Rolls-Royce Trent 1000 is a turbofan engine, developed from earlier Trent series engines, which powers the Boeing 787 Dreamliner on its maiden flight in December 2009.
The agreement was signed by Rolls-Royce supply chain development executive, compressor components Mark Prockter and UMW Manufacturing & Engineering Division executive director Megat Shahrul Azmir.
Najib said he was also delighted that UMW would be collaborating with Majlis Amanah Rakyat (Mara) to set up a training centre in support of the project in an effort to produce a highly-skilled workforce.
“I am hopeful that it will be a pivotal nerve centre in providing the technical know-how and transfer technology of Malaysians, while also enerating
jobs and business opportunities for the local community.
“The Malaysian government would always welcome and support initiatives such as this, and look forward to the facility being fully operational in 2017,” he said.
UMW Holdings Bhd group chairman Tan Sri Asmat Kamaludin said the contract was a new chapter for the UMW Group, with the prime intention to establish Malaysia as a formidable aerospace engine parts manufacturing force in the region.
Rolls-Royce chief operating officer (supply chain) Mike Mosley said the strategic deal represented a significant success for Malaysia in its drive to establish a strong aerospace industry, as envisaged by the National Aerospace Blueprint 2016-2030, under the Economic Transformation Programme.
“With its commitment to creating successful aerospace industry, Malaysia is an ideal country to look for manufacturing partners,” he said. – BERNAMA