”Railway transport is the backbone of mobility and needs huge investment for missing links. Nowadays, at global level, 2 billion people have no rail connections, but in the same time, until 2050 2 billion people will live in urban areas. To that end, we need to focus on railway projects that have to meet all mobility needs. According to estimates, until 2050 global freight transport will record an 80% growth and passenger transport a 50% growth. These statistics create new opportunities for business and in the same time, new challenges to authorities regarding the availability of a transport infrastructure capable to face high traffic demands and to provide efficient mobility to both freight and passengers. The international financial institutions (IFIs) are prepared to grant financing to infrastructure projects, 40% of the financing volume being directed to railways. Railway transport is the transport mode of the future. 5 thousand billion dollars are necessary for infrastructure, half of it being distributed to high-speed corridors,” said Jean-Pierre Loubinoux, UIC Director General during Railway PRO Investment Summit, organized Club Feroviar on 6-7 October 2015 in Bucharest.
Loubinoux explained that rail profitability will get to 3-5% in long term and UIC’s objective is to promote of railway transport significance for industry and economy. In addition, innovation projects are vital for railway development and in this respect all stakeholders must take into account that efforts are needed to realize an efficient transport system, railways being at the heart of it.
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