HOME |  ABOUT
   
Economics and Regulations

   Finance of Transport Infrastructure

 

SCS122

FINANCE OF TRANSPORT INFRASTRUCTURE.pdf

GPI, AUEB

Available funding from traditional sources falls short of the investment needs of the EU transport sector. The necessary investments in TEN infrastructure are expected to reach €300 billion by 2013 and a significant financial gap in public resources is anticipated to appear. Under these conditions, one way is to mobilise private investment in infrastructure projects or investigate mechanisms for generating more resources from off-budget sources. 

The main traditional sources of funding for transport infrastructure include allocations from national and EU budgets, domestic and foreign loans, and official development assistance such as structural and cohesion funds. In recent years, governments find it very difficult to meet these funding needs and try to diversify the sources of finance. The public-private partnerships have played an important role in this process as well as capital markets’ financial instruments.  

 

The present section intends to provide an overview of recent trends in the financing of EU transport infrastructure and the innovative financial arrangements that have emerged. For instance, TEN-T programme in cooperation with the European Investment Bank’s financial instruments, EBRD’s financing and co-financing, and the EU Structural&Cohesion funds for transport infrastructure. All these existing public and private capital for funding infrastructure illustrate the variety of financial tools that can be applied for maintaining competitive transport system.


View / Add Comments

 

 


   Glossary Terms

 

China Development Bank
CDB has always been a strong supporter of the State's macroeconomic policy and has assumed an active role in raising and channelling funds to alleviate the bottleneck restraints to the development of the economy and society. It funds huge infrastructure projects in China and the region.
View / Add Comments
EBRD - European Bank for Reconstruction and Development.
The EBRD provides project financing for banks, industries and businesses in countries from central Europe to central Asia.Investing primarily in private sector clients whose needs cannot be fully met by the market, the Bank promotes entrepreneurship and fosters transition towards open and democratic market economies.
http://www.ebrd.com/index.htm
View / Add Comments
EIB - European Investment Bank
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. The task of the Bank is to contribute towards the integration, balanced development and economic and social cohesion of the EU Member States. The EIB raises substantial volumes of funds on the capital markets which it lends on favourable terms to projects furthering EU policy objectives.
http://www.eib.org/index.htm
View / Add Comments
LGTT
LGTT is the acronym for Loan Guarantee Instrument for Trans-European Transport Network Projects, an innovative financial instrument set up and developed jointly by the European Commission and the European Investment Bank (EIB) which aims at facilitating a larger participation of the private sector involvement in the financing of Trans-European Transport Network infrastructure (“TEN-T”).
View / Add Comments
PPI Database
Private Participation in Infrastructure projects Database is a joint project of the World Bank's Infrastructure Economics and Finance Department and the Public-private Infrastructure Advisory Facility. Their site currently provides information on more than 4,100 infrastructure projects dating from 1984 to 2007. It contains over 30 fields per project record, including country, financial closure year, infrastructure services provided, type of private participation, technology, capacity, project location, contract duration, private sponsors, and development bank support.
View / Add Comments

 

  Additional Information for Finance of Transport Infrastructure
   Journals
  Infrastructure Journal
Click here to view all journals
 
   Events
  No related events  
   Experts
  Bojkova Viara
Click here to view all experts
 
   Subject News
  10/08/2011 - TEN-T funding boosting infrastructure in Italy
01/07/2011 - Commission makes €180 million available for key infrastructure projects
20/06/2011 - EIB and Hungary give boost to development of Danube Region
01/06/2011 - Notes from the 9th FEMIP regional conference on Mediterranean infrastructure challenges
27/05/2011 - EIB steps up its support for the democratic transition by increasing its financing in the Mediterranean
09/05/2011 - EIB reinforces engagement to finance UK infrastructure
Click here to view all related news
 
   Linked Topics
  Case Study – Japanese Business Practice
Finance of Transport Services

 
   Related Documents
  Pension_Fund Investment_In Infrastructure.pdf
Infrastructure_Funds PwC.pdf
Financing Infrastructure in the Global Financial Crisis.pdf
Infrastructure to 2030 OECD.pdf
CRGP Paper Winter 2007.pdf
EBRD Working Paper 106.pdf
Click here to view all related documents
 
   Lessons Learned
  No data available  
   Information Sources
  BARCLAYS Private Equity (Infrastructure Fund)
Norges Bank Investment Management
Dutch Infrastructure Fund
Nordic Investment Bank (NIB)
China Development Bank
Private Participation in Infrastructure Database
TEN-T Executive Agency
European Bank for Reconstruction and Development
European Investment Bank
Regional Policy (EU)
Click here to view all related Sources
 
   Related Projects
  No related projects  
   Related Policies
  Economic Sustainability
 
   Related Products
  No Product Services available  
Copyright 2009, SkemaKnowledge Developed by eBOS Technologies Ltd