Vector putting $50m into Seletar facility

[SINGAPORE] Vector Aerospace Corporation is investing more than $50 million to set up a new engine facility in Seletar Aerospace Park, one that is slated to commence operations by October next year.

The Canada-based company, which provides maintenance, repair and overhaul (MRO) services to the aviation industry, will focus on carrying out works for Pratt and Whitney's PW150A turboprop engine, used in jet manufacturer Bombardier's Q400 aircraft.

The firm secured the licence to be a designated overhaul facility from Pratt and Whitney about a year ago.