EU transport sector: a cornerstone for European integration, but investments lagging behind

Improving mobility and transport is a cornerstone of European integration, but reduced investment in transport infrastructure has held back the modernisation of the EU’s transport network, according to a new landscape review by the European Court of Auditors. The auditors found the EU had made progress in infrastructure development and the opening of the internal transport market, but they warn the EU needs to address six key challenges on the road towards improved mobility within the Union. These include matching objectives and priorities with resources, better planning, infrastructure maintenance, effective enforcement, shifting goods traffic off roads and ensuring EU added value. The review also provides an overview of and key facts on the transport sector in the EU, investment needs and availability of funds, as well as the state of play for the five main transport modes: road, rail, air, inland waterways and maritime.

Transport directly affects the everyday lives of all EU citizens and is a strategic sector of the EU economy, with transport services providing around 11 million jobs. Developing the EU’s transport infrastructure requires a considerable financial outlay. The European Commission estimates the total investment needs in this area at about €130 billion per year, excluding the maintenance of transport infrastructure. The trans-European Transport Network (TEN-T), an integrated multimodal network allowing people and goods to move quickly and easily across the EU, is estimated to cost about €500 billion for the core network between 2021 and 2030; including the comprehensive network and other transport investments increases this amount to about €1.5 trillion.

The responsibility for developing, financing and building transport infrastructure lies mainly with the Member States. The EU provides support for transport policy through a range of funding instruments, worth a total of about €193 billion for the 2007-2020 period. The auditors warn that the rate of infrastructure development varies across the EU, with the quality and availability of infrastructure still lagging behind in some areas, particularly in eastern regions. Given the limited availability of public funds following the 2008 economic crisis, increased private-sector investment in strategic transport infrastructure is considered essential to address the backlog in investments in transport infrastructure.

The EU and the Member States have made progress in developing infrastructure, but still need to put yet more efforts in addressing the known and future challenges facing the transport sector,” said Ladislav Balko, the Member of the European Court of Auditors responsible for the review.The reduced investment in transport infrastructure has held back the modernisation of the EU’s transport network, with average investment levels well below what is needed.”