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300 Million Air Hub Fund 2 plans announced

18-Jan-2006

SYDNEY (Centre for Asia Pacific Aviation) - Minister of State for Finance and Transport confirmed plans to replace the SGD210 million Air Hub Development Fund and SGD40 million Growth Incentive Scheme with a new SGD300 million Air Hub Development Fund 2 over the next three years.

Meanwhile, the Minister announced renovation plans for Terminal 1 and Terminal 2 at Changi Airport this year, although further details were not disclosed.

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