This report explores the historical changes, rapid growth, and future challenges of the Middle East aviation market, focusing on the market structures and influences in the UAE and Saudi Arabia. It depicts the current competitive landscape among regional airlines and the profitability difficulties they face, while also anticipating the potential impact of the Vision 2030 project on the industry.
Safran is building a carbon brake production plant near Lyon, France, with an investment of €450 million, set to start operations by 2030. The new facility will utilize low-carbon electricity to achieve zero emissions and is expected to increase production by 25% by 2037. This project reflects the company's sustainable development strategy in the aviation manufacturing sector.
WCO, in collaboration with JICA and Japan Customs, is supporting Pacific Island Countries in building a pool of customs experts through training programs. This initiative aims to enhance their customs enforcement capabilities and promote trade facilitation. The project focuses on strengthening regional cooperation and improving customs administration in the Pacific region, ultimately contributing to economic growth and security.
This article introduces the 'Model Contract for Turnkey Equipment Supply for Industrial Plants' launched by the International Chamber of Commerce. It provides a clear structure for equipment procurement, reduces transaction costs, and ensures efficiency and reliability. The contract covers key terms to maximize the interests of both suppliers and buyers, making it an essential tool for modern industrial project management.
The World Customs Organization (WCO) provided technical assistance to Bangladesh to support the full implementation of its AEO program. Through workshops and business exchanges, the capacity of Bangladeshi customs officials was enhanced, and recommendations were provided for improving the AEO program. This project aims to improve the security and efficiency of international trade in Bangladesh and promote its economic development.
Guatemalan Customs, with the support of the World Customs Organization, held a leadership and management development workshop. The aim was to enhance self-awareness, personnel management, and change innovation capabilities among senior officials, thereby promoting customs modernization. This event is part of a global trade facilitation project, highlighting the importance of international cooperation in building customs capacity in developing countries.
The Philippines has launched a National Customs Time Study at the Manila International Container Port, aimed at enhancing customs clearance efficiency in maritime trade. Supported by the WCO and the UK's HMRC, the project will employ a data-driven approach to identify bottlenecks, with the final report expected by the end of 2025. This study will serve as a foundation for future trade facilitation and national coordination.
Changshu City will collaborate with JD Logistics to launch the world's first unmanned delivery city, aiming to introduce 100,000 robots over the next five years to enhance delivery efficiency. The first batch of unmanned delivery vehicles is already operational, demonstrating high delivery capabilities. Leveraging self-developed autonomous driving technology, the project is focused on optimizing urban logistics and showcasing the innovative applications of smart logistics.
Luoding Airport, located in Luoding City, Guangdong Province, is the first airport in China dedicated to low-altitude flight routes. Since the project began in 1990, it has undergone several renovations and upgrades. After a temporary suspension of operations, it reopened its routes in 2014, becoming a hub for civil aviation activities that attract foreign investment and promote economic development, thus opening new opportunities for growth.
The World Customs Organization (WCO) supports the Gambia Revenue Authority (GRA) in enhancing its Post Clearance Audit (PCA) capabilities through training and diagnostic assessments. This initiative aims to help Gambia build an efficient and compliant trade environment. The project covers PCA principles, risk management, and business cooperation, offering recommendations for improvement. The ultimate goal is to promote trade facilitation and economic development in Gambia.
