The transport industry is facing a crisis. Delay of NIP measures another threat

The transport sector is facing a crisis, compounded by the energy shock following the Russian invasion of Ukraine, the EU's increasingly ambitious climate policy and a funding shortfall.

A big boost for the industry could come from the National Recovery Plan, which provides more than £7.5 billion for the development of green, modern transport. Meanwhile, the funds have still not been released and the time to spend them expires in 2026.

This calls into question the feasibility of the transport investments envisaged in the NIP - especially infrastructure and rail projects.

For more on this topic, see @Bankier.co.uk article

Article originally appeared in @Bankier.co.uk:21 June 2023. We invite you to read the full version:" Transport industry faces crisis. Delay of NIP measures another threat