Bombardier and Tianjin Airport Economic Area have officially signed definitive agreements confirming their joint venture and have commenced construction of a maintenance facility for Bombardier Business Aircraft, to be located in Tianjin, China. Leaders from both sides celebrated the venture with an official groundbreaking ceremony. The service facility, which is set to open in 2017, is 8,897 m² (95,766 ft²) including hangar and office and back shop areas. Bombardier Business Aircraft customers will be able to receive maintenance, repair, overhaul, and associated activities and services at the facility. Under the joint venture agreement, the facility will be operated using similar processes and procedures that govern Bombardier’s wholly-owned Service Centre network worldwide. Bombardier currently has an installed base of over 120 business aircraft within the Greater China region.