Until 2014, the Austrian federal railways (ÖBB) plan to invest around 34 billion euros in the construction and operation of rail infrastructure. The IHS study, presented on 24 February, now indicates that this investment can bring benefits of up to Rail infrastructure investments function as an economic locomotive and create jobs, says newly published Austrian study 72 billion euros to the Austrian economy in the long term - due to positive effects on GDP and a multiplier effect on the economy. An investment of one billion euros in rail infrastructure will furthermore create 17,000 jobs.
High tax returns speak in favour of investing in environmentally sustainable rail transport: “We will accelerate the expansion of modern rail infrastructure in Austria, because we need a strong rail network,” said Austrian Transport Minister Doris Bures when presenting the study in Vienna. “These investments will create the basis for an efficient and environmentally friendly mobility of tomorrow,” she added.
 2009_10_22_Schlussbericht_KonjLok_English.pdf | [ ] | 323 Kb |