Latest Rail News

24.05.13

Transport infrastructure is the backbone of economy – ministers

More investment in strategic transport infrastructure and services is needed to meet growing demand, ministers agreed in a joint Declaration on Funding Transport during their 2013 Summit in Leipzig, Germany.

The Global Summit of Transport Ministers highlighted the need to align funding with transport’s fundamental role in economy and society, and how an integrated, coherent policy framework is required for long-term planning.

The ministers stated: “Funding transport is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast.

“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.

“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.”

Tell us what you think – have your say below, or email us directly at opinion@railtechnologymagazine.com

Comments

Ampox   24/05/2013 at 19:15

It's not just about rail or bus or tram, it's about the WHOLE journey. Good, easy and comprehensive interchanges are vital. Network Rail doesn't seem to understand this - the bus companies are being left out of plans for the new station and its site at Oxford.

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