The aerospace industry continues to present great opportunities for Singapore. Boosted by the tailwinds of increased global passenger traffic and aircraft demand, the outlook for our MRO, manufacturing and aftermarket sectors have never looked better.
Playing to our strengths: cementing Singapore as a manufacturing and MRO hub
Singapore is currently one of the world’s leading Maintenance, Repair and Overhaul (MRO) hubs, responsible for 10 per cent of the global output. We are home to a big and diverse cluster, with over 130 companies providing a whole range of services for engines, components, avionics as well as aircrafts. Major industry players like Airbus, GE Aviation and Rolls-Royce have significant footprints in Singapore. The long-term presence and investments of these companies, together with continued expansion of local companies like SIA Engineering Company and ST Aerospace denote trust in the trajectory of Singapore’s aerospace sector.