Dr Joachim (second left) handing over a document to Tengku Zafrul (centre)
KOTA KINABALU: KKIP Aerospace Training Centre (KATC) has projected a Return of Investment (ROI) in year five of its operations and will break even profit dan loss (P&L) by the year 2024.
Its Chief Executive Officer, Aminuddin Zakaria said this can only be materialised if the long-term strategic planning of 2021 – 2026 can be accomplished as per plan without having issues with CAPEX to build the basic infrastructure for future training and programmes.
“KATC strive to become a unique organsation instead of the best. KATC believe the best makes the number one but unique makes us the only one,” he said at Jelajah Bajet 2022 by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at KATC here today.
Deputy Chief Minister cum Industrial Development Minister Datuk Dr Joachim Gunsalam, KKIP Sdn Bhd CEO, Lawrence Guandi Kimkuan and KATC Chairman Dr Oh Ei Sun were also present.
KATC was constructed in early 2019 and completed in the middle of 2020 under the 11t Malaysia Plan (11MP) with an investment of approximately RM25million.
Built on a five-acre greenfield land, KATC can be considered as a world-class facility which can accommodate up to 240 students at any one time.
With seven approved classrooms, six fully equipped workshops, 120 air-conditioned hostel rooms, hangar and cafeteria, it is the “Harvard Business School” of Sabah.
Aminuddin said the Covid-19 pandemic and Movement Control Order (MCO) imposed in 2020 has affected KATC operations and not until middle of 2021 where is started to gain momentum.
“KATC aspiration to become an Aerospace Technological Company in 2026 and lead by Sabahan was the vision set with an aggressive long-term strategic planning where the mission is to concentrate on eight focus areas and 12 strategies.
“The hastag of #kasijadibah and #tatapjadibah has been the mantra and the spirit for each of KATC staff. Areas in aviation and non-aviation has been explored to prepare for future employment opportunities for the students and mould them to become the “change agent” to improve Sabah state economy in the future,” he said.
To date, he said, KATC has engaged more than 40 organisations, be it a private or government agencies, and signed up to eight memorandums of understanding (MOUs) and two agreements, which to name a few ie. Agreement with MASwings and Sabah Air on student on-job-training, MOU with Aerodyne Geospatial on Drone training and operations, Borneo Drone on Air Taxi and NIOSH on Occupational Safety and Health, and many more to come.
Source By: Warta Oriental