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.”
