Three incentive programmes received more than half of the $100mn Aviation Development Fund

These three programmes support initiatives by local companies to raise productivity and promote innovation.

According to Mrs Lim Hwee Hua, Second Minister for Finance and Transport, the three programmes, namely the Aviation Partnership Programme, the Aviation Innovation Programme, and the Aviation Manpower Programme, also enhance the competitiveness of the industry.

Projects that have received ADF grants include the development of new capabilities for the repair of aircraft engines and the setting up of Southeast Asia's first flammability test-lab.

To encourage the adoption of quality management systems by local aerospace companies, funding has been provided.

More than $20 million of direct value-add over 5 years are estimated to be generated by such projects.

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