PWC REPORT: SINGAPORE HAS THE WORLD BEST TRANSPORT SYSTEM

PWC

 

27 global cities, rated by transport quality. 27 is the best, 1 is the worst. Click on image for higher resolution. (Source: Cities of Opportunity, PwC, page 16.)
 
Mumbai has the sixth-worst rail service in the world compared to the globe's major cities, according to a report by PricewaterhouseCoopers.
 
Twenty-seven of the world's largest and most influential cities were measured on economic factors, quality of life, technology and cost of doing business, in the study which was released last week.
 
 
 
The Business Times 
 
Singapore's top ranking in transportation and infrastructure stems from the quality and availability of housing, and efficiency, reliability, and safety of its public transport system.
 
For the second year in a row, Singapore is Asia's leading city in 2012 according to PwC's Cities of Opportunity study.
 
Singapore climbed two places to 7th position out of the 27 cities surveyed, ranking first in ease of doing business, and transportation and infrastructure.
 
Last year, Hong Kong ranked first for ease of doing business.
 
"Singapore's strong performance stemmed from a favourable operational risk climate, shareholder protection, ease of starting a business, intellectual property protection and low tax rate,'' the PwC report said.
 
Singapore's top ranking in transportation and infrastructure stems from the quality and availability of housing, and efficiency, reliability, and safety of its public transport system.
 
The city-state is also the only Asian city in the to 10 places for economic clout, technology readiness, health, safety and security.
 
Singapore was in 6th position for economic clout given its number of green field projects and capital investment.
 
It also came in 6th in technology readiness, ranking highly in terms of Internet access in schools and its digital economy. Singapore is also a global leader in secondary education in math and science, just behind Shanghai.
 
In terms of health, safety and security, Singapore ranked 6th, scoring the best record by far of any Asian city, ahead of Abu Dhabi, Tokyo, and Hong Kong. Singapore's health system ranked highly, and it also has the lowest crime rate of all cities.
 
Gautam Banerjee, Executive Chairman of PwC Singapore, said, "Singapore continues to be a key financial hub in Asia, and its high ranking reflects the city's attraction as an economically competitive and easy place to do business."
 
He noted that the next phase of Singapore's growth will depend on whatever is the next 'new normal', and the quality of life will spur the city's growth.
 
Singapore fared well in terms of its global connections and attraction beyond its local borders.
 
"Overall Singapore placed in the top 10, partly chiefly due to its high ranking in the number of international association meetings and international tourists,'' the report said.
 
However, the country did not fare so well in the number of hotel rooms.