AIRTRANSPORTANNUALREPORT2012 - Archive

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OUTLOOKFISCALYEAR2013 FinancingofAirTransportrelated Projects Air Transportaon has become the key infrastruc ture for global economic development. Despite un certaines and potenal challenges that may slow down growth, air transport services must connue toexpandinasafe,secure,andsustainablemanner. This entails substanal investments for rapidly emerging markets such as China or India with ex pectedpassengergrowthtoaveragebetween7and 8percentannually.However,evenlessrapidlygrow ingcountriesmustinvestinmodernairportandair trac management and surveillance infrastructure. Operatorsaroundtheglobecanonlysecuresustain ableandprofitableairserviceswhenachievinghigh energy eciency through modern aircra and e cientoperaons. The WGB will focus on a few air transport invest ment projects in FY13, which include for example the preparaon and implementaon of airport fi nancing projects in Egypt, Kenya, and China. Such projects do also include smaller Bank clients states and are increasingly launched on a regional plaorm. The current regional aviaon infrastruc ture project if the Pacific Aviaon Investment Pro ject,whichplanstosupportsixPacificislandstates by financing needed infrastructure investments. In addion, the WBG will be financing modern air trac control systems that allow more direct roungs and increase safety. However,given the limitaons of public funding in many developing countries for the aviaon sector, project financing shouldbeprovidedincooperaonwiththeprivate sector, for example through publicprivate partner ships.TheWBGwillconnuetoadviseitsclientson suchmodelsinairtransportaon. The IFC is funding the private sector of the air transport industry with the same development fo cus, as long as projects meet commercial criteria. The range of expected projects include aircra fi nancing, project finance of private run airports or terminals, and air trac control enes which are not directly stateowned. Given the connued strong demand for air transport services in many emergingmarkets,newIFCairtransportprojectsare expectedinFY13. ResearchandPublicaons TheBank,asaleadingdevelopmentinstuon,will connuetomaintainhighstandardsinitsspecialized technical sectors by maintaining research, con ducnghighleveltechnicalexchanges,andfostering specificindustrycontacts.TheBankhaslauncheda newstudyontheroleandopportuniesoflowcost carriers in developing countries, which is expected tobepublishedinFY13. In addion, several economic and policy research pieces on air transport services and trade develop mentwillbecarriedoutandpublished. 43
AbouttheWorldBankGroup TheWorldBankisavitalsourceoffinancialandtechnicalassistancetodevelopingcountriesaroundtheworld.Ourmis sionistofightpovertywithpassionandprofessionalismforlasngresultsandtohelppeoplehelpthemselvesandtheir environmentbyprovidingresources,sharingknowledge,buildingcapacityandforgingpartnershipsinthepublicand privatesectors. Wearenotabankinthecommonsense;wearemadeupoftwouniquedevelopmentinstuonsownedby187mem bercountries:theInternaonalBankforReconstruconandDevelopment(IBRD)andtheInternaonalDevelopment Associaon(IDA). Eachinstuonplaysadierentbutcollaboraveroleinadvancingthevisionofinclusiveandsustainableglobalizaon. TheIBRDaimstoreducepovertyinmiddleincomeandcreditworthypoorercountries,whileIDAfocusesontheworld's poorestcountries. TheirworkiscomplementedbythatoftheInternaonalFinanceCorporaon(IFC),MullateralInvestmentGuarantee Agency(MIGA)andtheInternaonalCentrefortheSelementofInvestmentDisputes(ICSID). Together,weprovidelowinterestloans,interestfreecreditsandgrantstodevelopingcountriesforawidearrayofpur posesthatincludeinvestmentsineducaon,health,publicadministraon,infrastructure,financialandprivatesector development,agricultureandenvironmentalandnaturalresourcemanagement. TheWorldBank,establishedin1944,isheadquarteredinWashington,D.C.Wehavemorethan10,000employeesin morethan100ocesworldwide.
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Page 5 and 6: TABLEOFCONTENTS ExecuveSummary…
Page 7 and 8: Thisreportbenefitedfromtheknowledge
Page 9 and 10: WORLDBANKAIRTRANSPORTPORTFOLIO Air
Page 11 and 12: Country ProjectID Code ProjectFullN
Page 13 and 14: Country ProjectIDCode ProjectFullNa
Page 15 and 16: Country ProjectIDCode ProjectFullNa
Page 17 and 18: AFRICA WestandCentralAfricaSafetyPr
Page 19 and 20: TanzaniaSecondCentralTransportCorri
Page 21 and 22: Democrac Republic of Congo MulModal
Page 23 and 24: LATINAMERICAANDCARIBBEAN GrenadaReg
Page 25 and 26: EASTASIAANDPACIFIC PacificAviaonInv
Page 27 and 28: SOUTHASIAREGION Pakistan-SecondTrad
Page 29 and 30: TheIFC,whichprovidesfinancingtopriv
Page 31 and 32: Type IFC’sExposureof 30June2012 C
Page 33 and 34: Africa—AKFEDAviaon TheAgaKhanFund
Page 35 and 36: Kenya—KenyaAirwaysExpansionPlan K
Page 37 and 38: In certain cases, a blend of firstp
Page 39 and 40: IFCAdvisoryProject:ConcessionofMal
Page 41 and 42: Ecuador-NewAirportatQuito MIGA issu
Page 43 and 44: GlobalAviaonStrategySummit(Berlin,G
Page 45 and 46: Air Transport Brown Bag Luncheon—
Page 47: Air Carrier Advisory System for Wor

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