IRF data 2018: Europe sees a decrease in road expenditure

摘要

The IRF World Road Statistics (WRS) 2018 edition has just been released. First analysis of the data on road expenditure and road maintenance expenditure in Europe shows adecrease of 11% and 8%, respectively, for the period of 201 1 to 2016.Investing in roads and their maintenance is essential for economic growth and the mobility of a region. Maintenance by itself is crucial since poorly maintained roads lead to a downfall of the road network value, resulting in higher future costs related to road safety, accessibility and operating vehicles.Available data provided by the WRS 2018 includes the total road expenditures from Central, Local/Regional government and the private sector, with a breakdown of data into total road investments, road maintenance and other recurrent costs. The first analysis highlights important findings for the European region.