Skip to main content

Global Summit of Transport Ministers calls for better transport funding

Ministers from the 54 member countries of the International Transport Forum are calling for more investment in strategic transport infrastructure and services. In a joint Declaration on Funding Transport agreed during their 2013 Summit in Leipzig, Germany, ministers stated that funding transport is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast. They say transport infrastructure is much more than asphalt, concrete or
May 28, 2013 Read time: 1 min
Ministers from the 54 member countries of the 998 International Transport Forum are calling for more investment in strategic transport infrastructure and services.
 
In a joint Declaration on Funding Transport agreed during their 2013 Summit in Leipzig, Germany, ministers stated that funding transport is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast.

They say transport infrastructure is much more than asphalt, concrete or steel; it is the backbone of national economies, providing connections for people and goods, access to jobs and services, and enabling trade and economic growth”, Ministers say.

With investment in transport infrastructure a long-term venture, robust, credible funding solutions that support trade, economic growth and environmental and social sustainability are urgently needed.

With both public budgets and private sector resources under constraint, government authorities and industry must together seek new ways of ensuring stable, long-term funding for the sector.

For more information on companies in this article

Related Content

  • Ertico weaves tunnel visions into the ‘big picture’
    April 7, 2017
    As he takes the wheel at Ertico - ITS Europe, Jacob Bangsgaard talks to ITS International about the challenges and opportunities facing the organisation and the ITS industry. Ertico - ITS Europe’s new CEO, Jacob Bangsgaard, is no stranger to the organisation having spent five years there before moving to the FIA (Federation Internationale de l’Automobile) in 2006. Four years later he became director general of the FIA’s Region I (EMEA), which represents more than 100 mobility clubs, and in 2012 he joined Er
  • Ertico weaves tunnel visions into the ‘big picture’
    April 7, 2017
    As he takes the wheel at Ertico - ITS Europe, Jacob Bangsgaard talks to ITS International about the challenges and opportunities facing the organisation and the ITS industry. Ertico - ITS Europe’s new CEO, Jacob Bangsgaard, is no stranger to the organisation having spent five years there before moving to the FIA (Federation Internationale de l’Automobile) in 2006. Four years later he became director general of the FIA’s Region I (EMEA), which represents more than 100 mobility clubs, and in 2012 he joined Er
  • IBTTA, ITS America applaud long term FAST Act
    December 2, 2015
    The International Bridge, Toll and Turnpike Association (IBTTA) and ITS America have applauded Congressional committee members on reaching agreement on a long-term surface transportation bill.
  • TRL pledges support for global initiative at UN Climate Summit
    October 2, 2014
    The UK’s Transport Research Laboratory (TRL)’s chief executive Rob Wallis, attending the United Nations Climate Summit in New York last week, was delighted to be able to pledge TRL’s support to the UEMI initiative, by UN-Habitat. “The UEMI initiative, aimed at substantially increasing the adoption of electric vehicles within urban environments, aligns strongly with TRL’s own strategy and current activities,” Wallis explained. “TRL is actively engaged in leading innovative research programmes to understan