The European Construction Industry Federation (FIEC) officially joined the coalition of stakeholders promoting a stronger budget for transport for after 2020.
„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,“ stressed FIEC President Jean-Louis Marchand. „This is why we advocate for a stronger budget for the Connecting Europe Facility for after 2020, with grants remaining the major component,“ added Marchand.
Indeed, FIEC considers that there are a number of transport infrastructure projects which are vital for EU’s competitiveness but do not generate the necessary return on investment in order to attract private investors. They therefore require a strong commitment from the EU and national public authorities.