FIEC calls for transport spending in Europe

The European contracting association, the FIEC, is calling for greater spending levels on transport infrastructure across the EU. According to the FIEC, better transport will benefit Europe’s citizens as well as economic development. As a result, the FIEC is advocating for more EU funds for transport in the next Multi-Annual Financial Framework. Together with a number of other organisations involved in transport matters, the FIEC believes that investing in transport, and in particular in the Trans-European
March 9, 2018 Read time: 2 mins

The European contracting association, the FIEC, is calling for greater spending levels on transport infrastructure across the EU. According to the FIEC, better transport will benefit Europe’s citizens as well as economic development. As a result, the FIEC is advocating for more EU funds for transport in the next Multi-Annual Financial Framework.

Together with a number of other organisations involved in transport matters, the FIEC believes that investing in transport, and in particular in the Trans-European Transport Network (TEN-T), is crucial for Europe’s growth and jobs. FIEC president Jean-Louis Marchand said, “This is why we advocate for a stronger budget for the Connecting Europe Facility for after 2020, with grants remaining the major component.

Indeed, FIEC considers that there are a number of transport infrastructure projects that are vital for EU’s competitiveness but do not generate the necessary return on investment in order to attract private investors. They therefore require a strong commitment from the EU and national public authorities.

Finance & Funding

Related Content

  • Pan-European move
    July 19, 2012
    CECE covers all of the EC and is pushing hard for further investment in infrastructure construction as a means to revitalise the economy. “Our industry looks forward to the implementation of the right policies and incentives to nurture sustainable growth and jobs”, said Ralf Wezel, CECE secretary general. CECE and the European contractor’s association FIEC believe that investment in transport is essential for growth and jobs. To strengthen European competitiveness, delivery of this much needed investment mu
    Read More
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More
  • Infrastructure needs for Europe
    June 19, 2012
    The European Construction Industry Federation (FIEC) is calling on the European Governments to recognise the importance of investing in infrastructure. The FIEC says it recognises the challenging economic climate and the need for governments to cut unsustainable levels of public debt. But FIEC president Luisa Todini commented, “Austerity is however not a solution by itself.” Europe’s transport, energy and telecommunication networks are the backbone of the EU internal market, ensuring that goods and services
    Read More
  • EU budget dispute?
    February 28, 2012
    There is both praise and concern in Europe over plans for a new fund to cover transport, energy and telecoms infrastructure projects.
    Read More

Highlighted Content