The agency’s director-general, Azlikamil Napiah, said three parties have shown interest in carrying out the project, with one of them submitting a full feasibility study report last week. The report will be evaluated within 90 days of submission, he said.

Azlikamil said the project would include creating Malaysia’s own earth observation satellite, building a space city, and offering rocket launch services, Bernama reported.

The launch pad will be built as a public-private partnership, sharing costs between the government and private investors. Work is expected to begin in early 2029, after all required approvals and groundwork are finalised.

“Interested foreign investors must collaborate with local companies and obtain approval from the respective state governments on land matters,” he told reporters in Sungai Besar, Selangor.

Azlikamil said Malaysia’s geographical location along the Equator provided an advantage, enabling more efficient rocket launches with reduced fuel costs.

The launch pad project could generate over RM10 billion in gross domestic product if Malaysia establishes itself as a regional leader in the burgeoning space industry, he said.