Skip to main content

FIEC joins coalition: more EU budget for transport

The European Construction Industry Federation (FIEC) has joined a coalition of stakeholders to promote a stronger EU budget for transport after 2020. It believes that there are transport infrastructure projects that require a commitment from the EU and national public authorities which are vital for the EU’s competitiveness but do not generate the necessary return on investment to attract private investors.
October 30, 2017 Read time: 1 min
The European Construction Industry Federation (FIEC) has joined a coalition of stakeholders to promote a stronger EU budget for transport after 2020. It believes that there are transport infrastructure projects that require a commitment from the EU and national public authorities which are vital for the EU’s competitiveness but do not generate the necessary return on investment to attract private investors.


Jean-Louis Marchand FIEC president said: “Together with a number of other organisations involved in transport matters, 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. This is why we advocate for a stronger budget for the Connecting Europe Facility for after 2020, with grants remaining the major component.”

UTC

Related Content

  • April 21, 2015
    EU regions urge adequate funding for sustainable transport
    The European Committee of the Regions (CoR) is concerned by the lack of investment by the EU in the transport sector. According to regions and cities, very little progress has been made also in integrating the European transport market in the last four years. These concerns were debated by CoR members at the 16 April plenary session, which saw the adoption of the opinion on the implementation of the 2011 European Commission White Paper on Transport, aiming to create a single European transport area. The
  • June 29, 2017
    EU proposes to spend €2.7 billion for 152 transport projects
    The European Commission is proposing to invest US$3 billion (€2.7 billion) in 152 key transport projects that support competitive, clean and connected mobility in Europe.
  • September 24, 2012
    European Commission proposal to increase research and investment in Europe’s transportation sector
    The EU is launching a new plan, Research and Innovation for Europe’s Future Mobility, that aims to develop a long-term policy strategy that among other goals, is to reduce road casualties to almost zero and greenhouse gas emission from the transport sector by 60 per cent in 2050. The plan doesn’t propose any new EU funding or regulations but instead proposes an initiative to meet with Member States and other relevant stakeholder to discuss policy priorities and objectives. Speaking about the plan, Vice Pres
  • February 25, 2014
    EIB agrees backing to upgrade Scotland’s core motorway network
    The European Investment Bank (EIB) has agreed to provide a funding contribution of US$292 million towards the completion of the motorway link between Glasgow and Edinburgh. The project includes the completion of the M8 motorway between Scotland’s two largest cities and major improvements to the M73 and M74 to reduce congestion and safety and improve travel times on one of Scotland’s busiest road networks. “The European Investment Bank is committed to supporting crucial investment in essential infrast