Many infrastructure projects are delayed due to excessive long decision making procedures. Moreover, there is not enough money available to start all projects that have been prepared.
These are some of the conclusions in a report that the AVBB (Federation of Dutch Contractors´ Organizations) commissioned to EIB (Economic Institute for the Construction Industry). EIB investigated the progress of so-called MIT projects (Long Term Infrastructure and Transport Projects). Of all the MITs between 1997 and 2002, no less than 186 were delayed. There is a shortage of In total some EUR 1.8 bln to realize all the MITs in preparation. This requires a better understanding between the absolute necessary projects and the available means.
For the full (Dutch) text of the report please visit www.avbb.nl.
(source: AVBB)
