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How we contribute to Singapore
Singapore is a key business hub for Rolls-Royce.
Its presence in Singapore has grown considerably in recent
years to the extent that there are now over 1000 Rolls-Royce
and joint venture employees in the region. The company continues
to place emphasis on technology partnerships, and collaborative
research and development, while benefiting from investments
made in new products and markets. The new 'Facility of the
Future' to assemble and test Trent aero engines is the latest
example of Rolls-Royce investment. Rolls-Royce revenue in
Asia today represents 23 per cent of the company’s
global revenue and 30 per cent of the Rolls-Royce order
book. Asia is also the fastest growing region in terms of
revenue.
Singapore Airlines (SIA) is a major Rolls-Royce customer
on a global scale. In late 1995, SIA placed the largest
order in the company’s history for the supply of Trent
800 engines for its fleet of Airbus A340-500s, A380 and
further Boeing 777 aircraft.
We have also joined forces with SIA Engineering Company
(SIAEC) to create two Joint Ventures; SAESL and IECO in
the aero-engine Repair & Overhaul and component repair
sectors respectively. The SAESL facility has delivered more
than 500 engines since it started operations in October
2001. SAESL now employs over 550 personnel, with over 85
per cent employed from Singapore..
Rolls-Royce uses Singaporean suppliers and manufacturers
in our business. An example of this is our sub-contraction
of aero-engine component manufacture to Singapore Technologies.
This adds to our activity in support of Singapore Airlines,
Silk Air and Singapore Aircraft Leasing Enterprise for the
Trent and V2500 range of aircraft engines.
In January 2006, Rolls-Royce opened a regional procurement
headquarters has Singapore to handle the management of suppliers
in South Korea, Taiwan, Malaysia, India and Singapore, following
considerable growth in our operations around the region.
An Advanced Technology Centre has been created in Singapore,
following an agreement with Singapore's Agency for Science,
Technology and Research (A*STAR) and its research institutes.
Its work will cover a broad portfolio of technologies, but
initial projects will focus on work already under way within
the institutes - including high-performance computing for
aerodynamic design, materials science, and modelling for
fuel cells. Read
more...
By maintaining and investing in our regional offices in
this manner we can truly offer a 'globally local' service
to our customers.
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