EUR 120 bln of private investments required by transport sector till 2020 – Maxim Sokolov
It is obvious, that the task of transport sector financing cannot be imposed on the state budget alone. The need for private investments till 2020 is estimated at EUR 120 bln. According to the press center of RF Transport Ministry, this was announced at the meeting of Transport Ministers held in Leipzig within the framework of the InternationalTransport Forum dedicated to private investments.
Sokolov said that over a decade the ports capacity is to be raised by 425 mln t, the vehicle fleet is to be renovated and the mobility of population is to be improved from 6,700 to 10,500 km per person, construction of automobile roads is to be doubled while the avia-mobility is to be increased over 2-fold.
«It is obvious, that the task of transport sector financing cannot be imposed on the state budget alone. It is necessary to involve non-budget sources,” the Minister underlined.
