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

  • LIVE, from Leipzig, Germany: the ITF 2015 Annual Summit
    May 26, 2015
    If you couldn’t make it to Germany this year for the International Transport Forum’s Annual Summit, you can watch the live webcasts on the ITF website starting today. From this morning, Wednesday, at 11:00 Central European Time, the live webcast of the event will be available directly at this link: http://2015.internationaltransportforum.org/
  • IRF at OECD says global transport volume may double or even quadruple by 2050
    December 13, 2013
    The volume of global transport could double or even quadruple by 2050, according to a new study released by the International Transport Forum (ITF) at the Organisation of Economic Cooperation and Development (OECD). The ITF study says GDP growth, freight intensity of economic activity and demographic change are important drivers of the predicted huge transport volume growth. But the study titled ITF Transport Outlook 2013 – Funding Transport, a report containing long-running scenarios for global transport
  • ITF Summit 2019: IRF to host a high-level debate on The Belt & Road
    May 15, 2019
    The theme of the 2019 ITF Summit which will be hosted in Leipzig (Germany) on 22-24th May has as its theme “Transport Connectivity for Regional Integration” and will gather as usual top decision-makers from the public and the private sector. IRF will be hosting together with China Highway and Transportation Society and the Black Sea Economic Commission (BSEC) a high-level debate on “The Belt & Road: Bridging the gaps for sustainable transport and growth in Eurasia”. Launched in 2013, the Belt and Road
  • Transport under the spotlight
    February 13, 2012
    A round-up of some of the major transport-related meetings that have been held in Europe. Compiled by Patrick Smith. Europe has hosted a number of annual events over the last few weeks, where important matters of transport were discussed, reports produced, and decisions taken. ASECAP (the European Association of Tolled Motorways, Bridges and Tunnels Infrastructures Operators); International Transport Forum (ITF); Arena (TRA); International Road Federation (IRF), and the European Construction Industry Federa