SINGAPORE 2010: EADS aims to grow revenue in Asia Pacific

  Ghim-Lay Yeo Singapore
06:29 4 Feb 2010 
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EADS aims to boost its revenue in Asia Pacific, and plans to further grow its outsourcing in the region.

The Asia Pacific generated about 25% of the corporation's total revenues in 2008, and EADS hopes to increase this further to 30% by 2015.

EADS is looking for "double-digit growth" in its outsourcing in Asia, says Christian Duhain, EADS' corporate vice president of international development for Asia Pacific and Latin America.

In 2008, the total value of outsourcing in the region reached €400 million ($555 million), says EADS.

It has plans to start "industrial partnerships" in Vietnam, but has not decided yet on where these will be located, says Duhain.

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