Singapore to Develop First Air Traffic Management Research Institute

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The establishment of the ATMRI aligns with Singapore’s efforts to move up the value chain, says Singapore company formation consultancy AsiaBiz Services.

AsiaBiz Services - Singapore company formation consultancy

AsiaBiz Services - Singapore company incorporation consultancy

Singapore’s focus on innovation has earned us the prestige of being the most innovative country in Asia and the third in the world, according to INSEAD’s Global Innovation Index. And to date, Singapore remains an epicentre of excellence and knowledge...

According to a recent NTU news release, the Civil Aviation Authority of Singapore (CAAS) and the Nanyang Technological University (NTU) have jointly signed a Memorandum of Agreement (MOA) to create the Air Traffic Management Research Institute (ATMRI), the first institute in Singapore to focus on research and development (R&D) in air traffic management (ATM).

The CAAS has committed to funding the R&D initiative for a total of S$50 million over a 5-year period. The NTU, on the other hand, will provide in-kind contributions, including research manpower and facilities, totalling S$22 million. Together, both collaborators will dedicate over S$70 million in resources to the entire project.

Through the ATMRI, Singapore will embark on research projects to extend air traffic capacity and enhance flight efficiency, among others. One focal point, for example, is increasing the efficiency of air ground traffic management to improve runway throughput. Other areas to be improved include weather forecast and information management, as well as aircraft separation management. Finally, the program also aims to enhance human-machine interface to reduce human errors that arise from increased automation, and in the process improve workflow efficiency.

The CAAS-NTU collaboration will benefit from CAAS’ ATM expertise, as well as NTU’s extensive pool of research capabilities and talent. CAAS, a statutory board under the Ministry of Tourism, offers domain knowledge and experience in ATM operations throughout the region; whereas NTU brings to the table its reputation and resources as a world-class research-intensive university.

In addition, the ATMRI will also tap international entities with interests and expertise in air traffic management. Such collaborations will facilitate the exchange of knowledge, infuse global perspectives to the institute’s projects, as well as ensure that the solutions and concepts developed align with advances in the international arena.

When completed, the ATMRI will have a dedicated facility spanning over 1,000 square metres of space at NTU.

Moving Up the Value Chain

Analysis by Singapore company setup consultancy AsiaBiz Services underscores Singapore’s positioning as a transport hub in Asia, as well as the city-state’s continuing efforts to move up the value chain by focusing on specialized and knowledge-based industries.

Commenting further, Mr James Nuben, AsiaBiz Services Head of Taxation said, “The aviation and aerospace sector is a keystone industry in Singapore’s economy. The establishment of the ATMRI will open prospects for the incorporation of Singapore companies __title__ incorporation of Singapore companies and create job opportunities not only in this vibrant industry, but in the R&D sector as well. As Singapore adapts to a tighter Singapore work pass framework, we need to direct our efforts on expanding these high-value economic sectors that will create more diversified jobs for highly educated and skilled Singaporeans.”

“In addition, the ATMRI will also benefit our thriving tourism sector. For example, aviation improvements will positively impact passenger transport, and thus further cement our regional and international connectivity,” he added.

“More importantly, at a time of uncertainty amid ongoing restructuring efforts, it is imperative that Singapore remains a competitive economy, and the establishment of the ATMRI is a step in this direction. Singapore’s focus on innovation has earned us the prestige of being the most innovative country in Asia and the third in the world, according to INSEAD’s Global Innovation Index. And to date, despite current economic headwinds, Singapore remains an epicentre of excellence and knowledge not only in Asia but in the world,” he said in conclusion.

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ABOUT ASIABIZ SERVICES
Asiabiz Services is a Singapore-based consultancy that offers business solutions for both local and foreign professionals, investors and entrepreneurs. Our areas of expertise include Singapore company incorporation, offshore company setup, accounting, taxation and other related corporate services. Asiabiz Services also provides Singapore work visa and immigration services for foreign professionals wishing to relocate to Singapore.

120 Telok Ayer Street, Singapore 068589
Phone: +65 6303 4614
http://www.asiabizservices.com

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