Home Associations FEPORT and 28 other EU transport associations call for more EU budget for transport

FEPORT and 28 other EU transport associations call for more EU budget for transport

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Lamia Kerdjoudj-Belkaid

Lamia Kerdjoudj-Belkaid

FEPORT joins its voice to 28 other EU transport associations to urge the European Parliament and the Council to increase the Connecting Europe Facility (CEF) budget in the upcoming review of the Multi-Annual Financial Framework (MFF) (click here)

As from today, more than 2000 participants will gather in Rotterdam to attend to the TEN-T Days 2016. FEPORT hopes that this event will contribute to raise awareness about the crucial role played by transport.

FEPORT members are looking forward to attending to the “Investors Conference” that will target investors to give them more practical advice on how successfully use the opportunities offered by the Investment Plan for Europe as well as the Connecting Europe Facility.

The expected strong participation to the TEN-T days among others underlines the interest and expectations that transport stakeholders and institutional actors grant to the issue of infrastructure financing and its role.

Transport is an enabler of economic growth and jobs, currently giving jobs to 20 million persons and accounting for 10% of total EU employment. It is therefore crucial to continue to invest in the completion of the Trans-European Network for Transport (TEN-T) thus allowing to create 10 million additional jobs and 1.8% GDP growth expected by 2030

Decrease in national transport budgets has led to less and less investments in transport infrastructure and it is anticipated that the non-completion of TEN-T will cause the loss of around 3.2 billion EUR GDP and the non-creation of 11 million job-years.

“We cannot afford to stop the effort of completing the TEN-T because this would highly compromise the integration of the different modes of transport and the efficiency of logistics chains in Europe. Our internal and external trade would certainly suffer from a lower ambition in terms of EU financing comments Lamia Kerdjoudj-Belkaid, Secretary General of FEPORT

We, transport stakeholders, rely on the European Parliament and the Council to make sure that all past efforts regarding the financing of TEN-T are carried on and that Europe’s competitive advantage in terms of transport infrastructure is consolidated thanks to the allocation to the CEF budget of 500 billion Euros” concludes Lamia Kerdjoudj-Belkaid.

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