Air transport brings tourists and investment into the country and helps businesses trade their goods and services around the world. Quality of Aviation infrastructure indicator measures the overall level of infrastructure at airports, quality of airlines and air navigation services as well as ancillary services associated with the aviation. World class air transport infrastructure improves the States’ ability to connect with potential markets, other emerging countries and fast growing cities to help drive their economic growth. According to the recent data published by IATA, over 1,400 scheduled airlines, 26,000 aircraft in service, 3,900 airports and 173 air navigation services providers, the aviation industry provides an unparalleled and global platform for individuals and businesses alike supporting sustainable economic development. Characterized by a steady growth in the demand for the air travel and freight movement, economists forecast that air traffic volumes will double by 2032. The expected growth draws attention towards to the quality of air transport infrastructure to ensure safe, secure and orderly provision of services in a sustainable manner.
The global inter dependence of aviation industry is well understood. Therefore, to reap the benefits of a promising future, it is absolutely critical that States start taking practical measures today to meet the demands of tomorrow. Innovative and pragmatic thinking is required to attract investment in the development of air transport infrastructure. States need to attract diversified funding sources, private sector engagement, business legislation reforms to attract foreign direct investment (FDI), the public-private partnerships (PPP) or other incentive schemes.
This category recognizes the State that has made most significant improvement, over a period of past 3 years, in its rankings by the World Economic Forum’s Quality of Air Transport Infrastructure indicator published in its annual Global Competitiveness Index report.