Brussels, 15th November, 2016
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 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.
For more information, please contact:
Ms. Lamia Kerdjoudj-Belkaid, Secretary General of FEPORT
T: +32 2 736 75 52