For the aviation industry in Singapore to
enhance its competitiveness even further, the industry needs to
raise its productivity and increase its access to new markets and
business opportunities.
To this end, the Civil Aviation Authority
of Singapore (CAAS) has expanded the scope of the programmes under
its Aviation Development Fund (ADF), with the enhancement of the
Aviation Innovation Programme (AIP) and the addition of the
Aviation Promotion Programme (AProP).
“The global aviation landscape is
increasingly marked by challenges, demands and pressures,
requiring aviation companies to stay ahead in the highly
competitive environment. The two initiatives launched under
the Aviation Development Fund will provide platforms for aviation
companies in Singapore to grow their businesses and keep Singapore
at the forefront of aviation,” said Mr Yap Ong Heng,
Director-General, CAAS.
Aviation Promotion
Programme
AProP is the fourth initiative under the
ADF (the others are the Aviation Innovation Programme, the Aviation Partnership
Programme and the Aviation Manpower Programme), first launched in
2010, with a budget of Sin$5 million from 1 April 2012 to 31 March
2015.
Open to Singapore-registered companies, organisations and
industry trade associations, AProP aims to strengthen the
Singapore aviation brand and help Singapore companies to expand
their reach in international markets and their access to business
opportunities.
The AProp will assist Singapore companies to
showcase their products and services at major international trade
shows. Singapore companies will be encouraged to exhibit under a
Singapore Pavilion, contributing to enhancing the city state’s position as a
comprehensive aviation hub.
AProP will also encourage the adoption
of international best practices at the cluster level by supporting
business missions, study trips and consultancy studies by
Singapore companies, organizations and industry trade
associations.
Aviation Innovation
Programme
The AIP has been expanded to bolster the
productivity of the Singapore aviation industry.
Launched in 2010
with a budget of $25 million over 5 years, the AIP seeks to
encourage organisations to embark on innovative projects,
initially to develop new or enhanced capabilities.
With its
enhanced scope, the AIP will now also support companies embarking
on projects geared towards achieving transformative productivity
goals, i.e. significant and sustainable productivity gains of at
least 20%. These can include process reengineering, the adoption
of new technologies and the development of new tools to increase
operational efficiency.
The programme continues to be open to all
Singapore registered companies and organisations and those with a
presence in Singapore; including institutes of higher learning and
research centres.
Process Innovation
Challenge
In 2011, CAAS launched the Process
Innovation Challenge to encourage aviation companies to implement
“quick win” projects to improve their productivity. The top 8
projects received funding of up to $50,000 each. These companies
will now share their projects via various industry platforms,
including a Productivity in Aviation Seminar to be held in July
2012, to facilitate intra-industry learning and accelerate the
adoption of productivity improvement initiatives across the
aviation sector in Singapore.
See other recent news regarding:
Travel News Asia,
Interviews,
Pictures,
Sports Tourism,
Videos,
CAAS,
Changi,
Singapore
|