In a significant step forward for regional aerospace development and international collaboration, Pahang Aerospace City (PAC), Baiyuzen Holding Sdn Bhd, and Alliott Management Consulting today formalised a strategic three-party Memorandum of Understanding (MoU). The ceremony, witnessed by representatives from the Embassy of Malaysia, marks an important milestone in aligning local innovation with global advisory strength and capital-market outreach.
This partnership unites the core capabilities of each organisation: PAC as the lead developer of a next-generation aerospace and aviation hub in Pahang; Baiyuzen Holding, providing strategic leadership, regional partnerships and investment-structuring expertise; and Alliott Management Consulting, contributing international advisory support, cross-border market access and strategic investor engagement.
A key highlight of the collaboration is Baiyuzen Holding’s upcoming launch of a new Medium-Term Note (MTN) under its Private Sukuk Programme in December. The issuance has been structured to optimise capital mobilisation for PAC-linked infrastructure and other strategic assets across Baiyuzen’s investment portfolio. The first tranche, amounting to approximately USD100 million, has been earmarked specifically to support mobilisation works and early-stage development for the PAC project, establishing a scalable and sustainable funding platform for long-term growth. Under the MoU, Alliott Management Consulting will lead strategic investor coverage, leveraging its global network to engage institutional mandates, private-wealth investors and cross-border capital-market participants. This partnership is set to strengthen distribution capability, broaden market penetration and elevate overall investor confidence, positioning the MTN as a strong and credible investment proposition.
Beyond the financing framework, the three parties will cooperate on project formulation, regulatory engagement, investment planning and the adoption of advanced aerospace technologies. This supports PAC’s long-term ambition to position Malaysia as a competitive, sustainable and high-value aerospace hub within the IMT-GT region and the broader Asia-Pacific landscape.
The tripartite alliance reflects a shared commitment to advancing international partnerships, enabling high-impact infrastructure and accelerating the development of future-ready industry ecosystems. The presence of the Malaysian Embassy as a witness underscores the strategic relevance of the initiative and reinforces its global significance.
This signing represents a unified vision for aerospace excellence, innovative financing structures and long-term economic growth for the region.
