LANGKAWI: The Langkawi International Maritime and Aerospace Exhibition 2023 (Lima '23) which will take place tomorrow until May 27 is expected to be able to generate business pledges of up to RM18bil.
Defence Minister Datuk Seri Mohamad Hasan said of that sum, RM10bil involved Letters of Agreement between the Defence Ministry and defence-related companies.
"So the result of organising Lima '23 this time in terms of commercial value, will see the Defense Ministry and the Transport Ministry achieving good results which will give good returns to the country and our local industry," he said. According to Mohamad, the participation of Lima '23 is very encouraging and provides an opportunity for local and foreign companies from various countries to showcase technology and weapons as well as assets.
"There are 119 static and aerobatic airplanes and 40 sea vessels including Malaysian vessels that will be exhibited for public viewing as well as from other countries.
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