Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has joined forces with Surbana Jurong Pte Ltd (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 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 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 like 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 Surbana Jurong's 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 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.
Mr Vincent Chong, President & CEO of ST Engineering said, "Airports of the future are a destination in themselves – less like transit hubs and more like mini Smart Cities. Airport operators have the opportunities to fully harness the power of new technologies from sensors to robotics and data analytics that redefine travel experience in an integrated manner. This is where ST Engineering, with our strong capabilities in in technology and engineering, in collaboration with our partners, Surbana Jurong and CAPE, can positively impact the air transport industry – bringing holistic solutions that leverage new technologies and processes to develop Smart Airports."
Mr Wong Heang Fine, Group CEO of Surbana Jurong said, "As one of the largest Asia-based urban and infrastructure consulting firms, Surbana Jurong's strengths lie in the ability to weave airports into the surrounding urban fabrics, creating vibrant aerotropoli that boost economic development of cities - the airport cities of the future. Our team's aviation track record spans Singapore, Asia and the Middle East. With this collaboration with CAPE and ST Engineering, we are able to offer a complete integrated solution for aviation clients globally."
Mr Peter Lee, Managing Director of CAPE, said, "Having worked on over 60 projects in more than 20 countries CAPE has extensive experience in a broad spectrum of services including master planning, airport engineering, terminal design and project management. We look forward to collaborating with Surbana Jurong and ST Engineering in overseas airport development projects. This partnership harnesses the strengths and experience of three well-established Singapore companies to offer bespoke and comprehensive engineering solutions to airports around the world."
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.