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

  • Show me the money at Australian Summit
    September 4, 2012
    The question of how to finance and fund major road infrastructure projects in Australia – including the potential role of user-pays charging as a funding solution – was top of mind at the recent Roads Australia National Summit in Sydney. The two-day summit, organised by peak national body Roads Australia, is the largest and most influential annual gathering of industry decision-makers in the country. This year’s summit was held against a backdrop of concern over the future of a raft of major road projects t
  • European transportation award
    April 26, 2012
    The 2012 Transport Achievement Award Call for Applications has now been launched in Paris. This forms part of the run-up to the International Transport Forum's 2012 Summit on "Seamless Transport: Making Connections".
  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
  • IRF World Congress: Road user charging
    October 16, 2024
    Where will the money come from to develop and maintain tomorrow’s sustainable road network, no mater in what nation? This was the focus of another session at the IRF World Congress in Istanbul of day of the three-day event.