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The Singapore Airport market thrives on its bustling passenger traffic and strategic location. With over 68 million passengers annually, it boasts a vibrant retail and F&B scene, generating billions in revenue. Key players like DFS and Changi Airport Group dominate the market, offering a diverse range of products and services.
Transparency and efficiency are cornerstones of Singapore Airport's procurement process. The government, through various agencies, oversees the acquisition of goods and services vital to the airport's operations. This involves multi-million dollar contracts for critical infrastructure, technology, and maintenance services.
Essential products and services procured by the government include:
Ground Handling: Facilitates baggage handling, aircraft servicing, and passenger boarding.
Security Systems: Ensures airport safety through advanced technology and trained personnel.
IT Infrastructure: Supports digital operations and passenger services.
Concession Management: Oversees the leasing and management of retail, F&B, and other airport concessions.
Two key authorities oversee Singapore Airport's procurement process:
Changi Airport Group (CAG): Manages the airport's commercial aspects, including procurement of retail, F&B, and other concessions.
Civil Aviation Authority of Singapore (CAAS): Regulates and oversees the airport's operations, handling procurement for essential infrastructure, technology, and maintenance services.
Major companies consistently win contracts at Singapore Airport, including:
SATS: Ground handling and inflight catering services.
ST Engineering: Aerospace engineering and technology solutions.
NCS: IT infrastructure and solutions.
LSG Sky Chefs: Inflight catering services.
SSP Group: Food & beverage concessions.
These companies demonstrate expertise, innovation, and a commitment to excellence, contributing significantly to the success of Singapore Airport.
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