---
title: "Hong Kong Aircraft Engineering Reaches JV Deal for $360 Million Vietnam MRO Facility"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289899528.md"
description: "Hong Kong Aircraft Engineering said it has reached an agreement with Vietnam’s Sun Group, Toyota Tsusho and Japan Airlines to set up a joint venture to build an aircraft maintenance facility at Van Don International Airport in Vietnam’s Quang Ninh province. The group plans to invest $360 million in the project, according to Ming Pao, and expects the facility to begin operations in 2028, subject to approvals from local government and regulators."
datetime: "2026-06-16T09:57:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289899528.md)
  - [en](https://longbridge.com/en/news/289899528.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289899528.md)
generator: "portal-rs"
---

# Hong Kong Aircraft Engineering Reaches JV Deal for $360 Million Vietnam MRO Facility

Hong Kong Aircraft Engineering said it has reached an agreement with Vietnam’s Sun Group, Toyota Tsusho and Japan Airlines to set up a joint venture to build an aircraft maintenance facility at Van Don International Airport in Vietnam’s Quang Ninh province. The group plans to invest $360 million in the project, according to Ming Pao, and expects the facility to begin operations in 2028, subject to approvals from local government and regulators.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**