China-based aviation company Haite Group is pumping in $95.3 million to set up an aviation training centre in Singapore.

Located in Changi Business Park, the training centre will spread over almost 7,000 sq m and have simulators for Boeing and Airbus aircraft.

The six-storey centre, which will provide training facilities to pilots and crew in the Asia-Pacific region, is expected to begin operating in early 2015. It will cost $26.05 million to set up, and house up to six or seven simulators that will cost $60 million.

The ground-breaking ceremony for the project was held on Friday morning. This will be the latest aviation training centre here. Existing ones include one run by Boeing subsidiary Alteon at Changi North Rise.