Singapore Raises Minimum Investment Threshold to S$10 million for Global Investor Programme (GIP)
2023-03-03Singapore launches an updated blueprint for arts expansion
2023-03-08On March 3, 2023, The Government will commit $50 million for the Civil Aviation Authority of Singapore (CAAS) to set up a new Aviation Sustainability Programme to support Singapore’s drive to develop a sustainable air hub. The $50 million programme will provide up to 70% funding for sector-wide projects and up to 50% funding for company-level projects.
Examples of projects which the Aviation Sustainability Programme could support include the adoption of novel or more energy- efficient airport systems and/or equipment; optimisation of airport processes to enhance operational efficiency and sustainability of key processes, such as reducing aircraft turnaround time or improving airside vehicle movements; and transition to cleaner energy sources such as testing of new alternative or low carbon fuels.
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