Large-scale aviation industrial park expected to settle in Ningbo

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Category: Ningbo Business

Published: Monday, 03 December 2012 09:12

On the morning of November 28, Vice-mayor Wang Renzhou met the Singapore High-tech Association delegation in Shangri-la Hotel. The delegation has come to make inspections as to whether Ningbo is a suitable location for the Singapore companies to develop the aviation industry and settle down in China. After the inspection, it has signed the cooperation memo with Ningbo Foreign Trade and Economic Cooperation Bureau.

With the launching of the low-airspace management reform in 2013, the aviation industry will witness the new opportunities for development. Singapore, Asia's top aerospace and commercial aviation hub, takes the lead in the maintenance and renovation services. Wang Renzhou said that if Ningbo and Singapore can make substantive progress in aviation industry cooperation, they can achieve a win-win situation. Chen Zhongshan, Chairman of Singapore High-tech Association, commented that Ningbo is an ideal location for the aviation industrial park with its unique geographic location and well-established economy.

According to the project planning from the association, it will organize experts and entrepreneurs to serve as the investment party from Singapore. As an all-covering partner, the aviation enterprises from Singapore are willing to provide for the aviation industrial park enquires on such affairs as financial investment, designing, construction, operation and management.