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Hong Kong Aircraft Engineering Reaches JV Deal for $360 Million Vietnam MRO Facility

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2026-06-16 09:57:25
Hong Kong Aircraft Engineering said it has reached an agreement with Vietnam’s Sun Group, Toyota Tsusho and Japan Airlines to set up a joint venture to build an aircraft maintenance facility at Van Don International Airport in Vietnam’s Quang Ninh province.

The group plans to invest $360 million in the project, according to Ming Pao, and expects the facility to begin operations in 2028, subject to approvals from local government and regulators.
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