Aircraft
Singapore To Boost SMEs and Decarbonization
Singapore's government promotes new initiatives at the air show's opening ceremony
Singapore Airshow 2024 opening ceremony Monday evening
Heng Swee Kiat, Singapore's deputy prime minister and coordinating minister for economic policy, speaks at the 2024 Singapore Airshow opening ceremony on Tuesday, February 20. © Chris Pocock/AIN

During a glitzy opening ceremony for the 2024 Singapore Airshow on Monday evening, the government of Singapore announced four initiatives intended to boost the country’s aerospace industry, including its sustainability credentials.

Heng Swee Keat, Singapore's deputy prime minister and coordinating minister for economic policy, said the government is establishing the Aerospace Open Innovation Challenge to enable small and medium enterprises (SMEs) and start-ups based in Singapore to pitch solutions to aerospace giants for co-development.