Thailand eyes Singapore's MRO sector with US$5.7b airport revamp
The plan also calls for US$4.5 billion investment in high-speed rail, US$11.5 billion for new cities and US$14 billion for industry
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Mumbai
THAILAND is seeking to take on Singapore's dominance in aircraft maintenance, repair and overhaul with a US$5.7 billion upgrade of a Vietnam War-era airport.
Lockheed Martin Corp's Sikorsky Aircraft is the latest company to study a possible increase in MRO spend in Thailand in the wake of the planned revamp of U-Tapao International Airport, said Ajarin Pattanapanchai, deputy secretary general of the nation's Board of Investment.
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