SOVICO Group, Vietjet and Changi Airports International (CAI) have signed a USD1.5 billion partnership agreement to co-develop the supply of aviation services in Vietnam. The partners will undertake research and development of green, sustainable and smart infrastructure projects in the country.
The partnership is also expected to raise management standards to optimise airport-related operations, promote economic development and boost connectivity in Vietnam and in the region. The partnership aligns with the Southeast Asia (SEA) region’s goal to increase opportunities in the field of sustainable aviation.