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  Press Releases
 
 

YEAR 2014
 
Rio de Janeiro Airport Concessionaire Signs Agreement with ANAC to Operate Galeão

YEAR 2013
 
Changi Airports International Consortium Wins Auction for 25-Year Concession to Manage Antonio Carlos Jobim International Airport (GALEÃO) in Brazil
Changi announces successful completion of the placement of 8.4% of Gemina for € 176 million
Far East and Baikal Region Development Fund and Changi Airports International Form Strategic Partnership To Develop the Vladivostok International Airport Into Airport City.
Yongnam - CAPE - JGC Consortium submits proposal for Hanthawaddy International Airport concession
Yongnam - CAPE - JGC Consortium submits proposal for Yangon International Airport concession
 
  2014 Releases

  02 April 2014
  Rio de Janeiro Airport Concessionaire Signs Agreement with ANAC to Operate Galeão

 

Rio de Janeiro, April 02, 2014 – The signature of an agreement today is the beginning of transition of operation at Tom Jobim International Airport (Galeão) from Infraero to the Concessionaire Aeroporto Rio de Janeiro S/A formed by Odebrecht TransPort, Changi Airports International and Infraero. The agreement for expansion, maintenance and operation of Galeão Airport is effective for 25 years.

The process starts with the Preparation which provides for the delivery of operational plans; within such period the Concessionaire will have 30 days from the execution of the agreement for the delivery of Immediate Action Plan (PAI) and Anac will have 20 days to approve it. Additionally, the Concessionaire will deliver the Operational Transition Plan (PTO) after 30 days of the issue of work order by Anac which will also have 20 days for the approval thereof. After such period, the Assisted Operation will start, where Infraero manages the airport and is assisted by the Concessionaire with minimum duration of 70 days. After August 11, on securing the provisional operation certificate, the Transition Operation will start, where the Concessionaire will be ready to take on the operation with Infraero support. This final stage may take from three to six months; the goal is to assure that the transfer will be smooth and effective and will not impact the passengers’ routine.

With the beginning of the Assisted Operation, Stage II, the Concessionaire will start actions with support by Infraero to improve the cleaning, safety, lighting of access roads, terminals and parking lot. A series of interventions will also be made in the signage, in the bathrooms, diaper-changing locations and the Internet access network. There will also be refurbishing / renovation of elevators, escalators and baggage belts so that the plans of improvement of these items would be developed in addition to the increase of energy points at departure lounges. Great advancements of infrastructure which require more time to be carried out are envisaged in the investment plan up to 2016.

“The quality of services at the Rio de Janeiro entrance door will be at par with the city natural beauty; Galeão is our home and we are concentrating our efforts to start the operation in August and raise the Galeão operational level in the next two years”, states Luiz Rocha, president of the Concessionaire.

R$ 2 billion will be invested in airport infrastructure works by 2016; within such period, the boarding gates will be increased from 38 to 64 giving more comfort to passengers at arrivals and departures. Such increase is the result of the construction of a new concourse that will be connected to Terminal 2. The current 227 check-in counters will get 68 new stations to expand the passenger processing capacity.

The area dedicated to aircraft yard of both terminals will have an increase of 80% and the aircraft parking places will go from 52 to 97 resulting in a direct benefit to the air companies which will have more facilities in accessing and maintaining their aircraft at Galeão. The Concessionaire will also be investing in the expansion and optimization of the parking lot that will have intelligent systems increasing the number of parking spaces by almost 70%. Security is also a priority in the business so new cameras will be installed in both terminals and an integrated control and monitoring system will be created for the entire airport; the joint venture investment will be R$ 5 billion by the end of the concession

About the Concession
With an offer of R$ 19,018,888,000.00 of granting, 294% above the minimum bid set forth by the Government which was R$ 4.828 billion, the Concessionaire will be investing R$ 5 billion until the end of the concession, 25 years from now. The SPE – Specific Purpose Enterprise is organized by the private group having 51% of participation, formed by Odebrecht TransPort (60%) and Changi (40%) besides Infraero with 49%. The group combines Odebrecht vast experience in major project management in Brazil, the Odebrecth TransPort knowledge in urban mobility, highways and logistics and Changi recognition as investor and operator of major airports in the world.

About Odebrecht TransPort
The Odebrecht Organization has vast experience in the implementation of airports in Brazil and abroad; it built the Galeão International Airport (RJ) in the seventies; it was responsible for the expansion works of the Abu Dhabi Airport in the Emirates, North and South Terminals of Miami International Airport that today welcomes more than 40 million people a year and is among the ten largest airports in the world in cargo transport. The company also participates in the construction works of Nacala Airport in Mozambique and in Panama. Created in 2010, Odebrecht TransPort develops, implements, operates and participates in projects in highways, urban mobility, integrated logistics and airport systems thus contributing to the development and competitiveness in the country and improvement of people’s life quality and the communities where it operates. Among its 19 assets which employ six thousand people, the highlights are the Supervia, the largest passenger urban railway grid in the country, 650 thousand people carried in the São Paulo Metro Line 4 – Yellow Line, the participation in the implementation of the VLT Carioca (Light Rail Vehicle) that will be carrying 380 thousand people and the operation of 700 kilometers of roads (six concessions) where 240 thousand vehicles circulate per day.

About Changi Airports International (CAI)
Changi Airports International (CAI), an airport investor, manager and consultant, is a subsidiary of Singapore Changi Airport Group (CAG) which operates since 1981 the Changi Airport, which moved 53.7 million passengers in 2013 and was rated best of the world in 2014 by British consultancy Skytrax. For international traffic, it is the fifth busiest airport in the world where approximately one hundred airlines operate with destination to more than 250 cities and 60 countries. CAI is present as investor and consultant in more than 40 airports in over 20 countries across four continents. Among its most recent projects are India’s Bengal Aerotropolis Project Limited and Russia’s Basel Aero.

About Infraero
With 40 years of experience in administration of airports Infraero is responsible today for running 61 airports, 29 cargo logistics terminals in addition to several air navigation aid stations spread throughout the Brazilian territory. In 2013, its airports recorded 135.7 million departures and arrivals and moved around 483.9 thousand tons of cargo. Infraero is also present – with 49% - in the Specific Purpose Enterprises (SPEs) that run the concession terminals of Guarulhos (SP), Viracopos (SP), Brasília (DF), Confins (MG) and Galeão (RJ). Infraero is also a reference in qualification of professionals for airport activities being the only Brazilian public enterprise authorized by the National Civil Aviation Agency to offer training such as FTBA – Technical Fireman Formation for Aerodrome. There are more than 40 courses with diversified topics and number of hours / classes, such as the basic course of Civil Aviation Safety (AVSEC) and the Yard and Runway Supervisors Formation and Airport Administration courses.

 
   
  2013 Releases

  25 November 2013
  Changi Airports International Consortium Wins Auction for 25-Year Concession to Manage Antonio Carlos Jobim International Airport (GALEÃO) in Brazil

 

Singapore, 23 November 2013 – Changi Airports International (CAI), a wholly-owned subsidiary of Changi Airport Group (CAG), today announced that its consortium partnership with Odebrecht TransPort (OTP) has won the right to the concession for the expansion, maintenance and development of Antonio Carlos Jobim International Airport (Galeão) in Rio de Janeiro.

With the offer of R$19.02 billion for the concession, 293% above the minimum bid of R$4.83 billion, the consortium will invest around R$5 billion up to the end of the concession period of 25 years. A Special Purpose Vehicle to manage Galeão Airport will be composed of 51%-participation, by OTP and CAI, with 49% participation by Infraero, Brazil’s state-run airport management company.

The winning consortium features the specialised and complementary competencies necessary for world-class airport management and operations and for the immediate accomplishment of the important investments that will be made in Galeão Airport. OTP is an investor and operator in public transport service concessions, in the areas of urban mobility, highways and integrated logistics systems, and will now start its role as an airport investor and operator. CAI is an investor and manager of airports in various parts of the world. Its parent, CAG, operates and manages the highly acclaimed Singapore Changi Airport that has already received over 450 awards for exceptional performance in customer experience, service and operating efficiency.

GALEÃO AIRPORT

According to the consortium’s investment plan, the Galeão Airport will increase its capacity to more than 60 million passengers by the end of concession, thus consolidating its status as the international gateway for Brazil and South America. In 2012, 17.5 million passengers passed through Galeão. The first phase of construction will include the building of an additional 26 aerobridges and car parks by April 2016.

The new concessionaire is scheduled to start its activities in the third quarter of 2014, after the contract signature (foreseen for March 2014) and a transition phase. During the most intense work period, the expanded operations and infrastructure development will create additional employment.

CHANGI AIRPORT AND ODEBRECHT TRANSPORT

To Lim Liang Song, Chief Executive Officer of CAI, starting its first airport investment in Brazil is an important step towards expanding the company’s international business. “Together with our partners, we are committed to providing an airport infrastructure that provides passengers and visitors with a positive and enjoyable experience. We look forward to working with Infraero to develop a high level of operating efficiency. We would also share the experience that the Changi Airport Group acquired in managing Singapore Changi Airport and from our airport investments and consulting elsewhere."

Mr Lee Seow Hiang, Chief Executive Officer of CAG, said, “The Latin American aviation market presents many growth opportunities which we are excited and optimistic about. This investment signifies an important step forward for CAG and CAI in terms of our presence in a new and important market, and gives us the valuable opportunity to participate and contribute to the region’s aviation growth. We look forward to working closely with our partners to develop Galeão Airport into a vibrant and successful air hub.”

“Our priority will be the rendering of high-quality services to the passengers and users, thus being able to achieve the best international standards. Additionally, we must focus immediately on the expansion of the Galeão Airport. Sharing the experiences acquired by Infraero, which will also be a member of the future concessionaire to be created, will be instrumental in the accomplishment of our targets”, said Mr Paulo Cesena, President of OTP.

++++++

Changi Airports International (CAI)
(www.cai.sg)

Changi Airports International (CAI) is a wholly-owned subsidiary of Changi Airport Group (CAG) of Singapore, which operates the Changi Airport since 1981, an airport that has already received more than 450 awards for the quality of its services. It is the sixth busiest international airport in the world, with more than 51 million passengers in 2012 and where some one hundred airlines operate, to more than 270 cities and 60 countries.

CAI is an investor, manager and consultant in more than 40 airports in over 20 countries across four continents. Among various consultancy projects, CAI is currently advising the Brunei Economic Development Board in the upgrading of Brunei International Airport and is undertaking project management services during the airport construction stage. At King Fahd International Airport, CAI is currently in the final year of a six-year airport management contract and is assisting the airport in its planned corporatisation.

On the investment front, CAI’s most recent projects include a 26% stake in India’s Bengal Aerotropolis Project Limited and a 30% stake in a joint venture to invest in and develop four airports in the Krasnodar region of southern Russia.

Odebrecht TransPort
(www.odebrecht-transport.com)

Created in 2010, Odebrecht TransPort has been acting in the rendering of services and investments in transport and logistics concessions in the areas of urban mobility, highways, and integrated logistics systems. The company that counts among its shareholders with Odebrecht S.A, with a participation of 70%, and FI-FGTS with 30%, is now consolidating its fourth segment – airports – after winning the Auction to operate Galeão Airport.

The present Odebrecht TransPort portfolio is composed by fifteen subsidiaries: the concessionaires of the highway systems Rota das Bandeiras (SP), Rota dos Coqueiros (PE), Bahia Norte (BA), Rota do Atlântico (PE) e Concessionária Litoral Norte (BA), Conectcar, a new company that operates in the electronic toll, parking and fuel payment segment, Via Rio, interconnection of the largest facilities of olympic games 2016 in Rio de Janeiro ; SuperVia, the metropolitan train system of Rio de Janeiro ViaQuatro that administers Line 4-Yellow of the São Paulo Subway; Line 6 Orange of the São Paulo subway, VLT (light rail vehicle) Carioca, passenger transportation system in the port region and central Rio de Janeiro; in addition to the Embraport port terminal, in Santos (SP,) Logum, a company that is building an ethanol transport and storage system composed by a poly-duct and terminals integrated to highways that will cross five states and Liquiport, a liquid bulk terminal at the Vila Velha Port with 10,000 m³ of tankage dedicated to caustic soda operations.

For more information, please contact:

Changi Airports International

See Ngee Muoy (Ms)
+65 6541 2964 (DID)
+65 9789 4536 (Mobile)
+65 6545 5369 (Fax)
see.ngeemuoy@cai.sg

Odebrecht TransPort
Marcelo Pontes (Mr)
+55 21 2559 3910 (DID)
+55 21 71390549 (Mobile)
marcelopontes@odebrecht.com

 
   
  1 July 2013
  Changi announces successful completion of the placement of 8.4% of Gemina for € 176 million

 

Singapore, 15 May 2013 –Changi Airports International (Singapore) Pte. Ltd (CAI) (through its subsidiary Worldwide United (Singapore) Pte. Ltd.) announces the successful completion of the placement of 122,814,053 ordinary shares in Gemina to institutional investors, corresponding to approximately 8.4% of Gemina's share capital, at a price of € 1.43 per ordinary share following an accelerated bookbuilt offering. The transaction will be settled upon delivery of shares and payment of consideration on 20 May 2013.

Gross proceeds from the placement amounted to € 176 million. After the completion of the placement, CAI will no longer hold a stake in Gemina.

About Changi Airports International

Changi Airports International (CAI) (www.cai.sg) is a wholly-owned subsidiary of Changi Airport Group. Its principal businesses are airport investments and consulting. It has been involved in the development of various airports throughout the world. Among various consultancy projects, it is currently advising the Brunei Economic Development Board in the upgrading of Brunei International Airport and is undertaking project management services during the airport construction stage. At King Fahd International Airport, CAI is currently in the fifth year of a six-year airport management contract and is assisting the airport in its planned corporatisation. On the investment front, CAI’s most recent projects include a 26% stake in India’s Bengal Aerotropolis Project Limited and a 30 % stake in a joint venture to invest in and develop four airports in the Krasnodar region of southern Russia. .

Changi Airport Group (Singapore) Pte Ltd (CAG) (www.changiairportgroup.com) was formed on 16 June 2009 and the corporatisation of Singapore Changi Airport followed on 1 July 2009. As the company managing Changi Airport, CAG undertakes key functions focusing on airport operations and management, air hub development, commercial activities and airport emergency services.

Changi Airport (www.changiairport.com) is the world’s most awarded airport having garnered more than 420 accolades since it opened in 1981. Changi handled more than 51 million passenger movements in 2012. Today, it is served by more than 100 airlines flying to over 240 cities in some 60 countries and territories worldwide. A flight takes off or lands at Changi roughly once every 100 seconds.

For more information, please contact:
See Ngee Muoy (Ms)
+65 6541 2964 (DID)
+65 6545 5369 (Fax)
see.ngeemuoy@cai.sg

 
   
  20 June 2013
  Far East and Baikal Region Development Fund and Changi Airports International Form Strategic Partnership To Develop the Vladivostok International Airport Into Airport City.

 

St. Petersburg, 20 June 2013 - The Far East and Baikal Region Development Fund, Singapore-based Changi Airports International Pte Ltd, Primorsk Region Administration and State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) have signed a four-party Memorandum of Understanding at the St. Petersburg International Economic Forum. The signing was witnessed by Singapore Minister of State for Finance and Transport Mrs Josephine Teo and Russian Deputy Minister of Transport Mr Valery Okulov. The parties have agreed to cooperate in development of Vladivostok International Airport (Airport) and the airport infrastructure into airport city.

The MOU was signed by Mr Pavel Grachev, Director General, The Far East and Baikal Region Development Fund and Baikal Region, Mr Lim Liang Song, CEO, Changi Airports International Pte Ltd, Mr Vladimir Miklushevsky, Governor, Primorski Krai Administration and Mr Vladimir Dmitriev, Chairman, Vnesheconombank.

Far East and Baikal Region Development Fund intends to play an active role in implementation of this important project in the Region. Changi Airports International’s global experience will be leveraged upon in routes development, operations and maintenance, masterplanning and management training.

Primorski Krai’s ambitious development plans (such as development of new manufacturing, expansion of automobile industry, development of seaports, an entertainment zone etc), call for further development of the airport. As passenger traffic is expected to grow in connection with the above development, there are plans to expand the Airport’s capacity and develop other surrounding infrastructure. In particular, Far East and Baikal Region Development Fund is considering participation in development of the motorway connecting Vladivostok with Nakhodka Seaport and Vostochni Seaport, with one of the sections of the motorway linking up to the airport and the nearby entertainment zone situated within 12 km of the airport.

Far East and Baikal Region Development Fund (www.fondvostok.ru) is a development fund established in 2011. The Fund’s mission is to promote investments through support of infrastructure and manufacture projects in the Russian Far East and the Baikal Region. The Fund’s paid-in capital is RUB15.5bn. State Corporation for Development and Foreign Economic Affairs (Vnesheconombank) is the founder and the sole shareholder of the Fund. Mr Pavel Grachev is the Director General.

Changi Airports International (CAI) (http://www.cai.sg) is a wholly-owned subsidiary of Changi Airport Group, the operator of the world-renown Singapore Changi Airport. Changi Airport recently received the Skytrax World’s Best Airport Award for 2013, the fourth time it has achieved this award. Singapore Changi Airport handled more than 51 million passenger movements in 2012, an annual record. Today, it serves some 100 airlines flying to over 250 cities in about 60 countries and territories worldwide.

CAI’s principal businesses are airport investments and consulting. CAI has been involved in the development of various airports throughout the world. Among various consultancy projects, CAI is currently advising the Brunei Economic Development Board in the upgrading of Brunei International Airport and is undertaking project management services during the airport construction stage. At King Fahd International Airport, CAI is currently in the fifth year of a six- year airport management contract and is assisting the airport in its planned corporatisation. On the investment front, CAI’s most recent projects include a 26% stake in India’s Bengal Aerotropolis Project Limited and a 30% stake in a joint venture to invest in and develop four airports in the Krasnodar region of southern Russia.

For more information, please contact:
OAO Far East and Baikal Development Fund
Corporate Communications
Tel: +7 (495) 540-47-37
Fax: +7 (495) 540-47-37
info@fondvostok.ru

Vnesheconombank
Corporate Communications
Tel: +7 (495) 608-46-93
Fax: +7 (499) 975-21-34
press@veb.ru

Changi Airports International
See Ngee Muoy
Tel: +65 6541 2964
Fax:+65 6545 5369
see.ngeemuoy@cai.sg
 
   
  29 May 2013
  Yongnam - CAPE - JGC Consortium submits proposal for Hanthawaddy International Airport concession

 

Singapore, 29 May 2013 – The consortium comprising Yongnam Holdings Limited (“Yongnam”), Changi Airport Planners and Engineers (“CAPE”) and JGC Corporation (“JGC”), has submitted a proposal to the Myanmar Department of Civil Aviation (“DCA”) on the Request for Proposal (“RFP”) dated 8 February 2013, for the right to design, construct, operate and maintain Hanthawaddy International Airport (“HIA”) and its facilities on the basis of a public-private partnership agreement for a 30-year concession period, having achieved pre-qualification prior in February 2013.

This is the consortium’s second proposal following an earlier submission in April 2013 for the right to design, build, operate and transfer Yangon International Airport and its facilities, also for a 30-year concession period.

The three companies are market leaders in their respective industries and together, bring a unique combination of expertise and experience to the project. Listed on the Singapore Stock Exchange, Yongnam is a multidisciplinary engineering and construction group with a strong track record of infrastructural projects both in Singapore and overseas. In the airport sector, Yongnam’s experience includes Singapore Changi Airport, Bangkok Suvarnabhumi International Airport, Brunei International Airport, Kuala Lumpur International Airport, New Delhi International Airport and Mumbai International Airport.

CAPE, a wholly-owned subsidiary of Changi Airports International (“CAI”), has a stellar track record in the area of airport master planning, design and project management. CAPE has consulted in the development of 17 airports all over the world, including airports in Africa, China, the Middle East, India, Russia, Europe, Brazil and Southeast Asia. CAI and its parent company, Changi Airport Group (“CAG”), have a proven track record in providing innovative and customer-friendly airport experiences as a hallmark of operational and service excellence. Testament to its continuous drive for excellence, Singapore Changi Airport is the world’s most awarded airport, having been conferred more than 420 accolades since its inception. More recently, the airport was ranked first by Skytrax for the fourth time, receiving the World’s Best Airport Award for 2013.

JGC is a leading global engineering contractor listed on the Tokyo Stock Exchange. JGC has a strong track record in executing over 20,000 engineering projects in over 70 countries. JGC has developed proprietary engineering technology and displayed unsurpassed project management capabilities in the field of petroleum refining and gas processing, LNG, petrochemicals and other hydrocarbons, as well as those involving non-ferrous metals, nuclear power, pharmaceuticals, hospitals, laboratories and numerous other sectors. In addition to the EPC business, JGC has also been investing in projects on a BOT basis, such as independent power production and seawater desalination.

The RFP requires the construction of an international passenger terminal building with an annual capacity for 12 million passengers, airfield facilities construction works on the runway, apron and taxiways. These include a runway of 3,600m capable of accommodating aircraft like the B747 and A340, a full parallel support taxiway, 25 contact aircraft stands and 17 remote aircraft stands. Also included in the RFP is the installation of an advance baggage handling system (complete with in-line security screening), and the provision of other ancillary airport support systems such as underground fuel hydrant installation, sewage treatment plant, car parking facilities, utility tunnel and emergency power station.

The consortium believes that it has submitted a strong and competitive proposal. Based on the theme of “Continuity and Transformation”, its design of the new international terminal building incorporates well-known Myanmar architectural features, while giving it a contemporary look and feel.

In addition to fulfilling the requirements of the physical infrastructure, the consortium is committed to set and provide a high standard of service at HIA, by implementing effective operational and commercial systems and processes, based on the strong belief that human capital development is pivotal to the establishment of HIA as the premier international gateway to Myanmar. HIA will be the fourth international airport in Myanmar, after that of Yangon, Mandalay and Nay Pyi Taw, and is located approximately 10 km west of the Bago township and 80 km from Yangon.

The consortium has plans to set up an aviation training academy that will provide training and development to airport personnel in Myanmar, raising customer service standards and enhancing operational effectiveness. The consortium believes that this initiative will raise productivity standards, expose employees to new technology and management methods, as well as enhance the professional development of individual airport employees in a structured and sustainable manner.

A joint venture will be formed to deliver the requirements under the concession agreement, should the consortium be successful in the HIA project.

About Yongnam Holdings Limited

With more than 40 years of experience in steel fabrication, Yongnam excels in adding value to steel construction. The Group’s two production facilities in Singapore and Nusajaya, Johor, Malaysia have a total production capacity of 78,000 tons of steel fabrication.

The Group utilises the latest fabrication technologies and design innovation to offer solutions to its clients on a fast-track basis. Yongnam’s modular strutting system continues to give the Group a strong competitive edge in meeting increasingly more stringent design and project requirements in infrastructure and construction projects. With a traceability procedure that meets the requirements of the Singapore Building and Construction Authority, its modular strutting system is the first to be certified by an independent auditor for reusability in earth retaining or stabilising structures.

Yongnam’s technical and value engineering solutions for steel fabrication and erection have resulted in increased productivity, improved yield and lower costs. The Group’s in-house pool of experienced and qualified engineers, detailers, technicians, welders, riggers and fitters are consistently adding value to clients’ projects.

Yongnam is an ISO-9001:2008, ISO 14001:2004 and OHSAS 18001:2007 certified company and accredited fabricator of the highest S1 category from the Singapore Structural Steel Society. The Group’s Quality Management System takes a planned approach towards continuous improvement of its products, processes and services.

Yongnam aims to be the solutions provider of choice for the structural steel industry.

About Changi Airport Planners and Engineers ( CAPE)

Changi Airport Planners and Engineers (CAPE) is a wholly-owned subsidiary of Changi Airports International (CAI). CAPE is one of the leading airport consulting firms in the world with an impressive track record in the area of airport planning, design and project management. Its professionals provide breath of experience and specialist know-how to develop airports to meet the growing challenges facing today’s aviation industry.

The principal businesses of CAI (www.cai.sg) are airport investments and consulting. CAI has been involved in the development of various airports throughout the world. Among various consultancy projects, it is currently advising the Brunei Economic Development Board in the upgrading of Brunei International Airport and is undertaking project management services during the airport construction stage. At King Fahd International Airport, CAI is currently in the fifth year of a six-year airport management contract and is assisting the airport in its planned corporatisation. On the investment front, CAI’s most recent projects include a 26% stake in India’s Bengal Aerotropolis Project Limited and a 30% stake in a joint venture to invest in and develop four airports in the Krasnodar region of southern Russia.

About JGC Corporation

Established in 1928, JGC Corporation (JGC) is one of Japan's leading engineering contractors. It has executed over 20,000 projects in more than 70 countries, and has a strong background in lump-sum turnkey operations of both hydrocarbon and non-hydrocarbon related projects.

In recent years, JGC has been applying the technical expertise it has accumulated through engineering and construction projects to new enterprise investment businesses, in fields such as water and power infrastructure in Saudi Arabia, Abu Dhabi and China; resource development in the US and Canada; renewable energy in Spain and Japan; and environmental conservation and agriculture in Japan and other parts of Asia. In addition, JGC is actively working on planning and feasibility studies for smart communities in India and other emerging countries.

For more information, please contact:
Yongnam Holdings Limited
Holly Huang-James (Ms)
+65 6534 5122 (Office)
+65 9127 7768 (Mobile)
holly.huang-james@citigatedrimage.com

Changi Airports International
See Ngee Muoy (Ms)
+65 6541 2964 (DID)
+65 6545 5369 (Fax)
see.ngeemuoy@cai.sg

JGC Corporation
Takeshi Endo (Mr)
+81 45 682 1111 (Phone)
+81 45 682 1112 (Fax)
endo.takeshi@jgc.co.jp
 
   
  29 April 2013
  Yongnam - CAPE - JGC Consortium submits proposal for Yangon International Airport concession

 

Singapore, 29 April 2013 – The consortium comprising Yongnam Holdings Limited (“Yongnam”), Changi Airport Planners and Engineers (“CAPE”) and JGC Corporation (“JGC”), has submitted a proposal to the Myanmar Department of Civil Aviation (“DCA”) on the Request for Proposal (“RFP”) dated 26 February 2013, for the right to design, construct, operate and maintain Yangon International Airport (“YIA”) and its facilities on the basis of a public-private partnership agreement for a 30-year concession period.

This follows the consortium’s success in an earlier round of pre-qualification for which it was subsequently invited to submit a proposal in February 2013.

The three companies are market leaders in their respective industries and together, bring a unique combination of expertise and experience to the project. Listed on the Singapore Stock Exchange, Yongnam is a multidisciplinary engineering and construction group with a strong track record of infrastructural projects both in Singapore and overseas. In the airport sector, Yongnam’s experience includes Singapore Changi Airport, Suvarnabhumi International Airport (Bangkok), Brunei International Airport, Kuala Lumpur International Airport, New Delhi International Airport and Mumbai International Airport.

CAPE, a wholly-owned subsidiary of Changi Airports International (“CAI”), has a stellar track record in the area of airport master planning, design and project management. CAPE has consulted in the development of 17 airports all over the world, including airports in Africa, China, the Middle East, India, Russia, Europe, Brazil and Southeast Asia. CAI and its parent company, Changi Airport Group (“CAG”), have a proven track record in providing innovative and customer-friendly airport experiences as a hallmark of operational and service excellence. Testament to its continuous drive for excellence, Singapore Changi Airport is the world’s most awarded airport, having been conferred more than 420 accolades since its inception. More recently, the airport was ranked first by Skytrax for the fourth time, receiving the World’s Best Airport Award for 2013.

JGC is a leading global engineering contractor listed on the Tokyo Stock Exchange. JGC has a strong track record in executing over 20,000 engineering projects in over 70 countries. JGC has developed proprietary engineering technology and displayed unsurpassed project management capabilities in the field of petroleum refining and gas processing, LNG, petrochemicals and other hydrocarbons, as well as those involving non-ferrous metals, nuclear power, pharmaceuticals, hospitals, laboratories and numerous other sectors. In addition to the EPC business, JGC has also been investing in projects on a BOT basis, such as independent power production and seawater desalination.

The RFP requires the construction of a domestic passenger terminal building with an annual capacity for 4.5 million passengers, airfield facilities construction works on the apron and taxiways, installation of an advance baggage handling system (complete with in-line security screening), and the provision of other ancillary airport support systems such as underground fuel hydrant installation, sewage treatment plant, car parking facilities, utility tunnel and emergency power station.

The consortium believes that it has submitted a strong and competitive proposal. Based on the theme of “Continuity and Transformation”, its design of the new domestic terminal incorporates well-known Myanmar architectural features, while giving it a contemporary look and feel. On the airfield, the consortium has proposed an innovative rapid exit taxiway, which will allow the faster turnaround of smaller aircraft, and a new parallel support taxiway, which will increase runway capacity.

In addition to fulfilling the requirements of the physical infrastructure, the consortium is committed to raise the service standards of YIA by implementing effective operational and commercial systems and processes. With the strong belief that human capital development is pivotal to the transformation of YIA, the consortium has plans to set up an aviation training academy that will provide training and development to airport personnel in Myanmar, raising the standard of customer service and enhancing operational effectiveness. The consortium believes that this initiative will raise productivity standards, expose employees to new technology and management methods, as well as enhance the professional development of individual airport employees in a structured and sustainable manner.

A joint venture will be formed to deliver the requirements under the concession agreement, should the consortium be successful in the YIA project.

About Yongnam Holdings Limited

With more than 40 years of experience in steel fabrication, Yongnam excels in adding value to steel construction. The Group’s two production facilities in Singapore and Nusajaya, Johor, Malaysia have a total production capacity of 78,000 tons of steel fabrication.

The Group utilises the latest fabrication technologies and design innovation to offer solutions to its clients on a fast-track basis. Yongnam’s modular strutting system continues to give the Group a strong competitive edge in meeting increasingly more stringent design and project requirements in infrastructure and construction projects. With a traceability procedure that meets the requirements of the Singapore Building and Construction Authority, its modular strutting system is the first to be certified by an independent auditor for reusability in earth retaining or stabilising structures.

Yongnam’s technical and value engineering solutions for steel fabrication and erection have resulted in increased productivity, improved yield and lower costs. The Group’s in-house pool of experienced and qualified engineers, detailers, technicians, welders, riggers and fitters are consistently adding value to clients’ projects.

Yongnam is an ISO-9001:2008, ISO 14001:2004 and OHSAS 18001:2007 certified company and accredited fabricator of the highest S1 category from the Singapore Structural Steel Society. The Group’s Quality Management System takes a planned approach towards continuous improvement of its products, processes and services.

Yongnam aims to be the solutions provider of choice for the structural steel industry.

About Changi Airport Planners and Engineers ( CAPE)

Changi Airport Planners and Engineers (CAPE) is a wholly-owned subsidiary of Changi Airports International (CAI). CAPE is one of the leading airport consulting firms in the world with an impressive track record in the area of airport planning, design and project management. Its professionals provide breath of experience and specialist know-how to develop airports to meet the growing challenges facing today’s aviation industry.

The principal businesses of CAI (www.cai.sg) are airport investments and consulting. CAI has been involved in the development of various airports throughout the world. Among various consultancy projects, it is currently advising the Brunei Economic Development Board in the upgrading of Brunei International Airport and is undertaking project management services during the airport construction stage. At King Fahd International Airport, CAI is currently in the fifth year of a six-year airport management contract and is assisting the airport in its planned corporatisation. On the investment front, CAI’s most recent projects include a 26% stake in India’s Bengal Aerotropolis Project Limited; an 8% stake in Gemina S.p.A., the holding company of Aeroporti di Roma, the operator of Rome’s airport system; and a 30% stake in a joint venture to invest in and develop four airports in the Krasnodar region of southern Russia.

About JGC Corporation

Established in 1928, JGC Corporation (JGC) is one of Japan's leading engineering contractors. It has executed over 20,000 projects in more than 70 countries, and has a strong background in lump-sum turnkey operations of both hydrocarbon and non-hydrocarbon related projects.

In recent years, JGC has been applying the technical expertise it has accumulated through engineering and construction projects to new enterprise investment businesses, in fields such as water and power infrastructure in Saudi Arabia, Abu Dhabi and China; resource development in the US and Canada; renewable energy in Spain and Japan; and environmental conservation and agriculture in Japan and other parts of Asia. In addition, JGC is actively working on planning and feasibility studies for smart communities in India and other emerging countries.

For more information, please contact:
Yongnam Holdings Limited
Elaine Lim (Mrs)
+65 6534 5122 (Office)
+65 9751 2122 (Mobile)
elaine.lim@citigatedrimage.com

Changi Airports International
See Ngee Muoy (Ms)
+65 6541 2964 (DID)
+65 6545 5369 (Fax)
see.ngeemuoy@cai.sg

JGC Corporation
Takeshi Endo (Mr)
+81 45 682 1111 (Phone)
+81 45 682 1112 (Fax)
endo.takeshi@jgc.co.jp
 
   
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