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More funding to enhance aviation and maritime sectors

Concept plans for Changi Airport's Terminal 5 finalised

Nisha Ramchandani

Published Wed, Mar 11, 2015 · 09:50 PM

Singapore

TWO funds will receive financial injections to help strengthen Singapore's aviation and maritime sectors, by focusing on areas such as talent development.

The Civil Aviation Authority of Singapore (CAAS) on Wednesday announced that it will replenish the Aviation Development Fund (ADF) from April 1, with S$160 million over the next five years. The fund, set up in 2010, initially had a size of S$100 million.

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