--- title: "Safran Landing Systems expands production base in Singapore with an investment of 22 million yuan | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/274643644.md" description: "Safran Group is expanding its production base in Singapore, investing 22 million yuan. The new factory was completed in December last year, and the expansion project is expected to be completed in September, adding 7,500 square meters. The company plans to hire 100 employees by 2030 to meet the maintenance service demands for new-generation aircraft such as Boeing 787 and Airbus A350 in the Asia-Pacific and Middle East regions" datetime: "2026-02-03T11:12:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274643644.md) - [en](https://longbridge.com/en/news/274643644.md) - [zh-HK](https://longbridge.com/zh-HK/news/274643644.md) generator: "portal-rs" --- # Safran Landing Systems expands production base in Singapore with an investment of 22 million yuan | Lianhe Zaobao After the completion of the new factory in December last year, the world's second-largest aircraft equipment manufacturer Safran continues to expand in Singapore. It has invested SGD 22 million in a joint venture with Singapore Technologies Engineering, Safran Landing Systems Services Singapore, to expand its production base in the country. The groundbreaking ceremony for the expansion project was held on Tuesday (February 3), and the company's Managing Director Benoît Graby revealed in an interview with Lianhe Zaobao that the expansion project is expected to be completed by September. The expansion project is located at 22 Loyang Way, with an additional area of approximately 7,500 square meters, about 250 meters away from the existing production base. ### Plans to hire 100 employees in Singapore by 2030 François Bastin, President of Safran Landing Systems, stated that due to strong demand growth in the Asia-Pacific and Middle East regions, the company is expanding its maintenance service capabilities for next-generation aircraft such as the Boeing 787 and Airbus A350. Bastin further mentioned that after the completion of the expansion project, the plan is to hire and train about 100 new employees in Singapore by 2030. Graby added that the new hires will mainly come from technical and engineering fields, including both Singaporeans and foreigners. #### Related Reading Safran Group's first manufacturing project in Singapore opens, expected to create 70 high-skilled jobs Singapore Technologies Engineering and Safran Aircraft Engines deepen engine maintenance cooperation Grabi also introduced that the joint venture is held by Safran Landing Systems and ST Engineering with shares of 60% and 40% respectively; in cooperation with ST Engineering, they mainly provide maintenance, repair, and overhaul (MRO) services for aircraft landing gear. The Director of the Singapore Economic Development Board, Lim Jiaming, stated at the ceremony that advanced manufacturing contributes nearly 20% to Singapore's economic growth, and the aerospace industry is one of the strongest growing sectors within that. He also mentioned that the Asia-Pacific region is the fastest-growing area for the global aerospace industry, and it is expected to become the largest aerospace market in the world over the next 20 years. "Investments like those from Safran Group will help us respond more accurately and safely to the increasing regional air traffic. We are also committed to ensuring that Singapore maintains its hub status, allowing aerospace companies to seize growth opportunities in Asia." ### Related Stocks - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [AIR.US](https://longbridge.com/en/quote/AIR.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [EADSY.US](https://longbridge.com/en/quote/EADSY.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) ## Related News & Research - [Despite Strong Revenue Growth and a Cheap Valuation, Supermicro Stock Is Still Not a Buy](https://longbridge.com/en/news/304636271.md) - [Schrödinger (SDGR) Raises Its 2026 Outlook, Is The Upside Already Priced In?](https://longbridge.com/en/news/304671046.md) - [‘Where’s the Cash?’ Asks Top Investor About Oracle Stock](https://longbridge.com/en/news/304667532.md) - [OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC](https://longbridge.com/en/news/304676853.md) - [Fiserv (FISV) Faces A Fresh Test As Project Elevate Fuels An Undervalued Narrative](https://longbridge.com/en/news/304637939.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**