Boeing to tap into Asia

Boeing to tap into Asia

KUALA LUMPUR: United States airplane-maker Boeing hopes to gain a strong foothold for future ventures in Southeast Asia with the official launch of its regional headquarters in Kuala Lumpur Tuesday.

The Malaysian office would be the base for its businesses in the region, which includes Singapore, Thailand, the Philippines, Indonesia, Brunei, Vietnam, Cambodia and Laos.

Boeing Southeast Asia Vice President Paul Walters said that the move to set up the office would provide the aerospace company vast opportunities to tap into the region.

"If Boeing wants to compete, it would have to relocate to an efficient and cost-effective place. To us, Malaysia fits the bill," Walters was quoted by the Star newspaper as saying on Monday.--DPA