In view of the Council meeting, 30 EU transport associations reiterate their call for more EU budget for transport
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