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Aviation History
1986
1986 - 0023.PDF
Singapore attracts more ASIAN . AEROSPACE'86 SINGAPORE Asian Aero '86, the third to be held, is attracting some 600 exhibiting companies—200 more than the last show, held in 1984, and more than twice the number that attended the first show in 1981. Exhibition space at Changi International Airport, Singapore, has been expanded to accommodate the extra participants and total floor space will be 39,200m2, up from 23,000m2 in 1984. Expansion of the Asian Aerospace exhibition reflects the continuing growth of Asia-Pacific as a market for the world's aerospace manu facturers. Many will be repre sented at Changi by national exhibition areas established by the industries of Australia, Canada, France, Germany, Israel, Singapore itself, the USA, and the UK. Brazil, China, Italy, and the Nether lands will also be represented. The exhibition itself runs from January 15 to 18. Lead ing up to the show there are three symposia, each being held on January 13 and 14. The Asian Aerospace Tech nology symposium is being held at the Sheraton Tower Hotel and includes speakers from Airbus, Boeing, Lock heed, Lufthansa, and the Royal Aeronautical Society. The Financial Times confer ence will be held at the Shangri-La Hotel, which is also the location for the Force Modernisation symposium. Asia-Pacific has been the world's fastest growing region over the past 20 years. Although the rapid growth of gross domestic products during the 1960s and 1970s (about 8 per cent and 5 per cent per annum respectively) are unlikely to be sustained through the 1980s, long-term growth prospects are probably healthier than anywhere else and Asia-Pacific is still regarded by many as destined to become the world's economic centre. Airline expansion continues to be in line with that growth, while expenditure on defence equip ment, utility and business aircraft, helicopters, and airport equipment has con firmed the region as a major outlet for aerospace producers. The region itself is vast, and within it lies a great variety of economies. Hong Kong, Japan, Singapore, South Korea, and Taiwan are indus trialised countries exporting manufactured goods and services. Brunei, Indonesia, Malaysia, the Philippines, and Thailand are all commodity exporters. Then there is rapidly-developing China. With the exception of the Philippines, these Asian nations have managed to survive the world recession largely unscathed. In Singapore itself large numbers of people are engaged in aerospace manu facturing and service indus tries as a result of the Sing apore Economic Development Board's policy of attracting new industries to the country. Inducements include an exemption from company income tax payments for at least five years from prod uction start-up. The major local company is Singapore Aircraft Industries (SAI), which was formed in 1981 as a result of a reor ganisation of the Sheng-Li group of companies owned by the Singapore Ministry of Defence. SAI is an amalgam of five subsidiaries and two associate companies—Singapore Aero space Maintenance Company (SAMCO), Singapore Aero space Manufacturing (SAM), Singapore Aero-Components Overhaul Company (SACO), Singapore Electronics & Engineering Ltd (SEEL), Singapore Aerospace Ware housing and Supplies (SAWS), Singapore Aero- Engine Overhaul Ltd (SAEOL), and the Samaero company. FLIGHT INTERNATIONAL, 4 January 1986 23
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