Skip to main content

Ministerial talks at International Transport Forum summit in Leipzig, Germany

Ministers responsible for transport infrastructure from the 54 member countries of the International Transport Forum at the Organisation for Economic Co-operation and Development (OECD) were meeting today in Leipzig, Germany, for a three-day summit to discuss the future of funding transport. According to OECD figures, air passenger travel is projected to double, air transport to triple and container handling in ports to quadruple by 2030. Investment needs for transport infrastructure to 2030 are estimated a
May 22, 2013 Read time: 2 mins
Ministers responsible for transport infrastructure from the 54 member countries of the 1102 International Transport Forum at the 3685 Organisation for Economic Co-operation and Development (OECD) were meeting today in Leipzig, Germany, for a three-day summit to discuss the future of funding transport.

According to OECD figures, air passenger travel is projected to double, air transport to triple and container handling in ports to quadruple by 2030. Investment needs for transport infrastructure to 2030 are estimated at US$11 trillion for ports, airports and key rail lines alone. However, current infrastructure could accommodate only a 50% increase in demand, says the OECD.

With public budgets constrained in view of the financial and economic crisis, funding infrastructure improvements is a major issue facing governments around the world.

Key aspects Ministers will discuss at the Leipzig Funding Summit include Investing for Growth?; Taking stock of Public-Private Partnerships; Aviation’s quest for financial sustainability; Attracting private finance and ensuring predictable funding; and Defining spending priorities: What’s first?

Nobel laureate Amartya Sen and John Micklethwait, editor-in-chief of The Economist newspaper; Temel Kotil, CEO of Turkish Airlines; Jichang Zhou, chairman of 2661 China Communications Construction Company (CCCC); and David Fass, CEO (EMEA) of 2378 Macquarie Group are among the invited guest speakers.

Related Content

  • Morocco’s minister for Equipment and Transport discusses the IRF Marrakech conference
    April 3, 2013
    The magic of Morocco will form an idyllic backdrop for one of the landmark events on this year’s IRF calendar: the major regional conference focusing on North Africa & the Mediterranean which is being hosted in Marrakech on 19-20 March. Abdelaziz Rabbah, the Moroccan minister of Equipment & Transport will set the tone by welcoming delegates to a special high-level segment, which will open the event in the presence of dignitaries and senior officials drawn from throughout the region. This will include keynot
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
  • CECE Summit 2020: a shift in mindset needed
    January 29, 2020
    Digitalisation and sustainability focused minds at the recent biennial CECE Summit in Brussels
  • PPRS event highlights transport investment shortfall
    April 30, 2015
    The PPRS event in Paris highlighted the need for additional investment in road transportation – David Arminas writes. Consider the global road network. An improved road from one rural African town to another can reduce the journey time from a one-day walk to a one-hour drive. This could save lives through access to a hospital; allow small businesses to work faster by getting in supplies more quickly; allow children to attend a better equipped school. Roads affect society by allowing healthier and bett