As reported by Ven Sreenivasan in Business Times on June 4th, 2009

Redevelopment of the 300-hectare Seletar Aerospace Park is on schedule despite a slump in the global aviation industry. JTC Corp’s CEO Ow Foong Pheng said the developers of the aerospace park, led by JTC, would press on with infrastructural works to ensure that they are ready for customers’ operations as soon as the economy picks up. She was speaking at the groundbreaking of a new $6 million jet fuel depot on a 1.07 ha plot adjacent to the extended runway at the West Camp area ..