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

  • Euromarket stable until 2020, predicts Euroconstruct
    December 13, 2018
    Analysts predict strong growth in road building up to 2020 as public finances improve. Graham Anderson reports from Helsinki European civil engineering markets – including road building and maintenance - are predicted to grow strongly between now and 2020 thanks to the increasing strength of EU members states’ national economies. The increasingly optimistic forecasts are contained in the latest construction industry research from construction market analyst Euroconstruct, based in the Finnish capital Hel
    Read More
  • The importance of road maintenance
    July 15, 2015
    Gülay Malkoc discusses the importance of investing in road maintenance.
    Read More
  • European transport safety programme
    March 29, 2019
    A new programme of transport safety measures has been drawn up for Europe, with funding having been secured. Called the Safer Transport Platform, this programme is being managed jointly by the European Investment Bank and European Commission. The plans call for a series of investments in transport safety, with a special focus on roads New financing measures form part of the Safer Transport Platform, a joint EC and EIB initiative. This will address investment needs in transport safety in Europe. At the TE
    Read More
  • Julián Núñez, head of ASECAP offers a little Spanish enlightenment
    May 1, 2018
    Julián Núñez, president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth. People want to avoid the pain. This is perhaps a bad analogy to use in the case of Julián Núñez, president of ASECAP - European Association of Operators of Toll Road Infrastructures. Núñez had just sat
    Read More

Highlighted Content