Singapore Technologies Engineering Ltd (ST Engineering) recently announced that it has joined forces with Surbana Jurong Private Limited (Surbana Jurong) and Changi Airport Planners and Engineers Pte Ltd (CAPE) to form a consortium of Singapore-based companies to participate in overseas airport development projects and meet rapidly growing aviation needs.
With projected global airport development expenditure estimated at more than US$1 trillion up to 2058, the Consortium plans to develop a comprehensive export strategy for this business area with a particular focus on Asia Pacific markets and cities with strong growth potential.
Tapping on the unique strengths and complementary capabilities of the companies, the Consortium will deliver holistic, end-to-end solutions that can transform the global airport development industry, enhance the efficiency and security of airport operations, as well as improve air travel experience. This will drive the Consortium’s common objective in implementing smart city initiatives worldwide that enhance standards of living and improve the lives of people.
Harnessing its deep technological capabilities in areas such as data analytics and artificial intelligence, ST Engineering will deliver cutting-edge, next-generation solutions that power global smart cities and transform airport operations. These include the Group’s proven technologies such as analytics-driven airport operations command systems, security solutions such as counter drone, sensor-based intruder detection as well as biometrics screening, unmanned aerobridge systems and autonomous baggage handling systems that promote safe, secure and efficient airport operations.
With its expertise and proven track record in urbanisation, industrialisation and infrastructure planning, Surbana Jurong will offer its full suite of multi-disciplinary services, such as master planning of aerotropoli, large-scale infrastructure, services design, as well as building consultancy services for the aviation sector.
CAPE, the lead consultant for airfield engineering for Changi East Development which encompasses Singapore Changi Airport’s Terminal 5, will complement the collaboration with its expertise in airport master planning, airfield and engineering, terminal planning, as well as project management.
The Consortium will enable access to the partners’ experience and expertise that strengthen its global, go-to market strategy, as well as deliver greater economies of scale, efficiency and effectiveness.
The MOU was signed by Mr Vincent Chong, President & CEO of ST Engineering, Mr Wong Heang Fine, Group CEO of Surbana Jurong, and Mr Peter Lee, Managing Director of CAPE. In the coming months, the companies will initiate activities as part of their strategy to expand the Consortium’s presence in target overseas markets, which include defining tender participation requirements, and developing best practices and go-to-market approach recommended by the steering committee.