Having learnt the best lessons from operating a multi-award-winning airport, Changi Airports International is on a quest to share its expertise with airports around the world
Admired far and wide, multi-award-winning Singapore Changi Airport has embedded its genetic code in more than 20 countries and 60 airports globally via strategic partnerships with Changi Airports International (CAI).
CAI is a leading airport investor, manager and consulting firm that designs bespoke integrated solutions to help clients and partners fulfil their potential to become world-class airports.
Incorporated in 2004, CAI is a wholly-owned subsidiary of Changi Airport Group. Its global expertise spans the Asia-Pacific, Europe and the Commonwealth of Independent States, the Middle East, Africa and the Americas.
Its CEO, Eugene Gan, said: “Airports are a vital part of a country’s infrastructure, intricately linked to economic growth and development.To unlock an airport’s full potential, careful master planning and investment in operational capabilities is important.”
New business for CAI In 2023 included two agreements with Cairo Airport Company to jointly develop Cairo International Airport, one of the busiest airports in Africa and the largest airport in Egypt by passenger and cargo traffic.
Later that year, CAI completed a six-month consultancy agreement in Uzbekistan to improve the operation and management of Tashkent International Airport.
In February, CAI sealed a technical partnership agreement with Sociedade Gestora de Aeroportos to strengthen the performance of 16 regional airports in the Republic of Angola through new corporate and traffic strategies. This was followed by agreements with Vietnam’s Cam Ranh International Joint Stock Company to manage Cam Ranh International Terminal’s non-aeronautical businesses and to support the growth of Cam Ranh International Airport’s global route development.
That month, CAI also completed the master plan review for Velana International Airport in Maldives.
Shortly after, CAI and Wuxi Airport Group embarked on a new joint venture (JV) to uplift Wuxi Shuofang International Airport’s non-aeronautical business. The JV company will have exclusive concessionary rights for 20 years, and the five key areas comprise retail (including duty-free shops), F&B, advertising, car park and passenger services at the airport’s passenger terminals.
CAI’s overseas airport investments comprise a 51 per cent stake in the concessionaire that operates Tom Jobim International Airport in Rio de Janeiro, Brazil.
In China, CAI has a 49 per cent stake in Sino-Singapore Chongqing Airport Commercial Management. This JV with Chongqing Airport Group manages the non-aeronautical business of Chongqing Jiangbei International Airport, including multi-brand retail space Starry Galleria.
In India, CAI has a 30 per cent stake in Bengal Aerotropolis Projects Limited, developer of Durgapur Aerotropolis, the country’s first privately managed airport city. Durgapur enjoys direct connections to five metro cities – Bangalore, Chennai, Delhi, Hyderabad and Mumbai – via daily flights from Kazi Nazrul Islam Airport.
CAI also holds a 15 per cent stake in Luzon International Premiere Airport Development Corp., operator and manager of Clark International Airport in the Philippines.
