The Seletar Aerospace Park in Singapore is an industrial zone for the aerospace industry. This sixty million Singapore dollar development plan covers the 140 hectare site by Seletar Airport and will enhance and strengthen Singapore as an aviation industry hub. The development will provide extra space to allow the aerospace industry to expand and grow further in Singapore and to complement the existing aerospace industry activities located at Loyang and Changi North.
Historical Background of Seletar Aerospace
The Singapore Government, the Economic Development Board and JTC Corporation in a joint venture announced the aerospace park plan in May 2006. A strong demand for services related to the aviation industries and soaring growth potential formed the background for the decision to build the aerospace park, and accordingly JTC Corporation in consultation with government agencies executed the planning and infrastructure improvements for the park. This development of the aerospace hub should satisfy …