With a lot of companies revitalising setback projects at Seletar Aeropace Park (SAP), other authorities and JTC Corp, which are assigned to manage the construction of the latest aerospace hub in Singapore are pushing further on the facility’s multi-million progress.
According to Tang Wai Yee, the director for cleantech, aerospace & marine for JTC, majority of the infrastructure works in the Phase 2, which included land clearance, allocations and roads, were smoothly moving ahead.
“We will soon be inviting developers to tender and build facilities for tenants and operators who will move into the park,” said Ms. Tang.
JTC has already began distributing the plots of land wherein buildings with floor areas of 3,000 to 4,000 sq m. can be constructed for aerospace manufacturers, maintenance, repair and overhaul (MRO) specialists, and other park operators.
JTC plans to apportion the land on leases within 30 to 60 years, but will not be involved in construction. Instead, end-users and redevelopers will directly negotiate to process the details, which include making decision whether to build-and-lease or build-and-sell.
The company will also invite developers to construct a General Aviation Centre, which include general aviation hangar, adjoining two-storey building, business jet hanger, and an apron. The facility will be shared by numerous users.
Ms. Tang said, “We will allocate about 2.6 ha in early 2010 and this could be built by a private developer who can then lease the facility to operators”. This could also optimise the use of land and save jet operators from having to slump funds into a large fixed infrastructure, she further added.
However, one building which the JTC will build is the multi-storey Business Aviation Complex. The building is planned to build at cost price of $14 million, which will house a dozen of businesses, including the Rolls-Royce, Pratt & Whitney and Eurocopter.
The construction of the facility will begin in the first quarter of 2010.