Safeguard €32 billion for transport infrastructure in TEN-T
2012 04 23
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European transport organisations call on the EU to maintain budget for transport infrastructure
Europe’s transport organisations make an united and strong demand that the EU maintains the EUR 32 billion earmarked for transport infrastructure within the 2014-2020 budget for the Connecting Europe Facility. It is highly unusual that more than 25 European organisations join forces, but the stakes are high with the Member States willing to cut the future EU budget.
In an open letter, sent jointly by organisations representing inland and maritime shipping, roads, rail, airlines, ports, chambers of commerce, workers and associated groups, the industry urges the European Council and Parliament to keep up infrastructure investment as transport will play a key role in the recovery from the current economic turndown.
Transport infrastructure is not only the backbone of the EU internal market. The letter points out that, with 10 million people in the EU directly employed in transport, as many again working in related sectors, and with a value amounting to some 5% of GDP, transport will play a key part in the recovery of the European economy from the economic downturn. “Notwithstanding the budgetary constraints all governments face at the moment, we all know transport infrastructure investments pay off in the long run”, the group tells Brussels.
Source Inland Navigation Europe
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