With the aim of promoting and facilitating more business activities and collaboration in the region, the Association of Aerospace Industries (Singapore) (AAIS) signed two separate Memorandums of Cooperation; with the Korea Aerospace Industries Association (KAIA) on 21 August and the Malaysia Aerospace Industry Association (MAIA) on 7 November 2018.
The agreement promotes the exchange of information on aerospace businesses and capabilities, facilitation of industry study visits and business missions, networking opportunities, as well as mutual invitations to industry events. Emphasis was also placed upon the exchange of knowledge and expertise related to training and human resource development, to promote the continuous improvement of the aerospace talent pool.
Following the signing of the AAIS-MAIA MOC, AAIS member Transfingo Pte Ltd sealed and announced its partnership with MAIA member Dviation Holdings Ltd to form a new joint venture. The new Singapore incorporated entity aims to promote the development of the local Aviation industry by providing training and human capital related services.
AAIS Chief Executive Mr Sia Kheng Yok noted
, “The partnership between Transfingo and Dviation is a good example of how companies from Singapore can work together with others in the region to harness synergies. We hope our members will continue to explore the many opportunities for collaboration, growth and expansion.”