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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek to run Changi

Posted on 08 October 2008

From Straitstimes.com: Changi Airport will get a new owner - Temasek Holdings - from July next year, when the Civil Aviation Authority of Singapore (CAAS) is transformed from a government to a corporate entity.

Temasek will set up a yet-to-be-named company to run the show, while the CAAS will be restructured to become the regulatory authority, overseeing air traffic services and licensing of airlines, aircraft and pilots. The regulator will cap the maximum revenue the operator is allowed to make per passenger to ensure that passenger and airline charges will not spiral out of control in the quest for profits…… Full Article: Source


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