Illustrative image (Source: AFP/VNA)Singapore (VNA) – The Civil Aviation Authority of Singapore (CAAS) and the Civil Aviation Bureau of Japan (JCAB) have signed a memorandum of understanding (MoU) to jointly promote air traffic management (ATM) in the Asia-Pacific.
Under the MoU, the two sides will enhance exchange of information, knowledge and expertise in the field to promote the freedom of aviation transport in the region.
They will also work closely to modernise ATM concepts, solutions and technologies for the next generations of ATM systems.
CAAS Director-General Kevin Shum said the establishment of the MoU is part of Singapore’s strategy to develop it into a centre of excellence for air traffic management.
The partnership is also one of the three pillars of the 2020 Vision, a framework for development by member nations of the Civil Air Navigation Services Organisation (CANSO), towards a seamless and harmonised airspace, he added.
Singapore is one of the leading aviation centres in the world. A centre for aviation training worth 73 million USD was set up in the country in 2015, with the hope of generating an annual revenue of above 40 million USD within the next five years.
According to Singapore’s Economic Development Board, the country’s aviation industry typically reaches growth of 10 percent per year, with record revenue hitting nearly 6.7 billion USD in 2012.-VNA
