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Transport infrastructure is the backbone of national economies
Transport infrastructure is a major challenge today

Transport infrastructure is the backbone of national economies

Funding transport infrastructure is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast”, Ministers state in a joint Declaration on Funding Transport agreed yesterday (May 23, 2013) during their 2013 Summit in Leipzig, Germany.

“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 said.

“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.”

Download the full text of the Declaration by Ministers on Funding Transport from:

www.internationaltransportforum.org/2013/pdf/DeclarationMinistersFunding2013.pdf

The International Transport Forum at the OECD is an inter-governmental organisation with 54 member countries. It acts as a strategic think tank with the objective of helping shape the transport policy agenda on a global level and ensuring that it contributes to economic growth, environmental protection, social inclusion and the preservation of human life and well-being.

The Forum gathers statistics, conducts co-operative research programmes and organises an annual summit which brings together Ministers and leading representatives from industry, civil society and academia to engage in focused debate about strategies for tomorrow’s transport.