Turkey’s military electronics company Aselsan announced on 24 July that it had established a company in Malaysia under the name of Aselsan Malaysia Sdn Bhd, which will operate on remote-controlled weapons systems.
The company is 100% owned by Aselsan, it said in a statement submitted to Turkey’s Public Disclosure Platform.
Aselan Malaysia was registered on 19 July and its capital will be MYR100 (USD23), the company added.
Aselsan has an ambitious policy of opening up abroad in parallel to its efforts to manufacture advanced electronics products domestically.
In 2016, Aselsan signed a partnership agreement with TAQNIA Defence and Security Technologies of Saudi Arabia (DST) with the aim of co-operating on a joint venture to build a factory in Saudi Arabia to create an advanced technological base.