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.
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.”