Sun Group signed a comprehensive cooperation memorandum with Changi Airports International (CAI), expanding relationships in airport development and operation.
The signing event took place on July 3. According to the new MOU, CAI – the airport development and management unit of Changi Airport Group will accompany Sun Group throughout the entire life cycle of airport projects, from overall planning, design optimization, construction consulting, operation preparation to operation, maintenance and development of specialized aviation services.
Representatives of Sun Group and CAI signed a strategic cooperation agreement. Image: Sun Group
The agreement marks a new development in the relationship between the two parties, from cooperation at the Phu Quoc International Airport project to a long-term cooperation framework, aiming to apply international standards in planning, development and operation of airport projects invested by Sun Group.
Phu Quoc International Airport expansion project. Image: Sun Group
The cooperation between Sun Group and CAI began with a strategic agreement to develop Phu Quoc International Airport according to the “destination airport” model in March this year. According to representatives of the two units, expanding cooperation from a specific project to a long-term framework aims to help the Vietnamese group access international experience in airport planning, management and operation, gradually building capacity to develop aviation infrastructure according to international standards.
The foundation of the cooperation was formed from Sun Group’s aviation infrastructure investment for nearly a decade. The Group is currently investing in Van Don International Airport – Vietnam’s first private international airport that came into operation in 2018. The unit is also taking over the operation and expansion of Phu Quoc International Airport to serve APEC 2027 and is implementing the Phan Thiet Civil Airport project.
Through cooperation with CAI – a unit that has consulted for more than 60 airports in more than 20 countries, Sun Group expects to improve operational efficiency and passenger experience at aviation infrastructure projects.
Mr. Dang Minh Truong, Chairman of the Board of Directors of Sun Group. Image: Sun Group
Mr. Dang Minh Truong, Chairman of the Board of Directors of Sun Group, said that the activity demonstrates a long-term vision in the field of aviation infrastructure. According to him, the goal is not only to build modern airports but also to gradually form development and operation capacity according to international standards, contributing to creating more connection gateways and improving the competitiveness of Vietnam’s aviation industry.
Mr. Eugene Gan, General Director of Changi Airports International, assessed Sun Group as a partner with a strategic vision with the spirit of “Think big, Move fast” (think big, act fast) similar to CAI. Therefore, the unit is proud to accompany Sun Group in developing aviation infrastructure in Vietnam, and at the same time recognize the growth of Sun Phu Quoc Airways. According to him, the cooperation aims to strengthen connections, enhance tourism experiences and contribute to bringing Vietnamese destinations closer to international markets.
Business representatives said that expanding cooperation helps create a foundation for the relationship between the two sides, contributing to bringing international standards to Vietnam’s aviation infrastructure. The activity is expected to be a driving force in promoting connectivity, tourism, logistics and economic growth in the coming period.
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