PUBLICATION

Global Business Reports

AUTHORS

Alice Pascoletti, Elisa L. Iannacone

Singapore Aerospace 2017

February 15, 2017

With a keen interest in moving from a 90% MRO market to a manufacturing and MRO hub, Singapore has strong government support set in place to grow within the aerospace industry. Surrounded by emerging markets, Singapore offers a key destination for the industry, with access to neighbouring skilled labour, as well as a rapidly growing LCC commercial sector. With the fastest growing aviation industry in Asia-Pacific, opportunities for continued operations is unrivalled.

Through the support of the government’s EDB, SPRING and A*STAR entities, the country is well-positioned to develop new technologies and become a leader in niche innovations, including within the space industry. Plans for Seletar Aerospace Park continue to attract industry giants across the world, and Changi T5’s expansion plans position Singapore as a key logistics and connectivity regional centre, handling 2 million tons of cargo annually.

With a stable government and regulatory framework, the country remains a solid location for investment, with 130 companies, 20 thousand employees and an annual output of over S$8 billion within the aerospace industry.

RELATED INTERVIEWS MORE INTERVIEWS

Roll-Royce occupies an important role in Singapore’s aerospace industry, leading the way in advanced manufacturing and promoting R&D.
The SIAE struggles to keep up with the fast growth of the aviation industry in South East Asia, which requires a vast number of well-trained engineers and technicians.
A*STAR Aerospace helps the Singapore aerospace industry to maintain a technological advantage through its Aerospace Research Consortium.

RECENT PUBLICATIONS

Latin America Petrochemicals and Chemicals 2024 - Digital Interactive

The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.

MORE PREVIOUSLY PUBLISHED

MACIG

"With the increasing mining activity in Africa, it is fundamental to ensure that these minerals are produced more sustainably and timely manner."

SUBSCRIBE TO OUR NEWSLETTER