( AFP ) - Rolls-Royce will invest 320 million Singapore dollars (222 million US) to build an aero engine facility in Singapore, the British aerospace giant said on its website monitored Wednesday.
The facility in Singapore will assemble and test the Trent family of engines for the Boeing 787 and Airbus A350 passenger planes, it said in a statement.
Rolls-Royce said housing the facility in Singapore will bring the company closer to its customers in Asia which is expected to lead global demand for new passenger planes over the next 20 years, according to industry estimates.
The new facility is expected to be fully operational by the end of 2009 and will employ up to 330 people, said Rolls-Royce.
In the same statement, Rolls-Royce also announced plans for a new facility in the United States which will assemble and test the RB282 engine for the Dassault corporate jet.