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Is Europe ready for a New Deal for transport? |
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Monday, 12 September 2011 00:00 |
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Europe needs major new transport infrastructure, but is struggling to finance these massive projects. EU Transport Ministers meeting in the Polish port of Sopot looked at how public-private partnership (PPP) investments could help
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Roads, railways, canals, bridges, ports, airports: Europe is peppered and crisscrossed by infrastructure for all modes of transport. And yet despite the visible signs of buzzing transport all around, more and better transport links are still needed to deal with issues like deteriorating infrastructure and growing congestion. European leaders have long recognized that efficient transport for people and freight is essential for a thriving society and economy, and significant chunks of the infrastructure need to be repaired and renewed. Indeed, in the case of the Trans-European Networks (TENs), they still have to be built.
Read the full article here.
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