Special Report No 21/2014: EU-funded airport infrastructures: poor value for money

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Series Title
Series Details No.21, 2014 (December 2014)
Publication Date 2014
ISBN 978-92-872-1276-4
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Abstract:

A report published by the European Court of Auditors (ECA) on the 16 December 2014 revealed that EU-funded investments in airports have not generated the expected results and have produced poor value for money. Due to a lack of adequate planning and forecasting, say EU auditors, some of the funded airports were situated too close to one another, while some of the construction projects were too big for the numbers of planes and passengers involved.

Source Link Link to Main Source http://dx.publications.europa.eu/10.2865/10461
Related Links
ECA: Special Report, No 21/2014: EU-funded airport infrastructures: poor value for money [PDF] http://www.eca.europa.eu/Lists/ECADocuments/SR14_21/QJAB14021ENC.pdf
ECA: News, 16.12.14: EU-funded investments in airports provide poor value for money http://www.eca.europa.eu/en/Pages/NewsItem.aspx?nid=5505
EurActiv, 16.12.14: EU millions wasted on white elephant airports, say auditors http://www.euractiv.com/sections/transport/eu-millions-wasted-white-elephant-airports-say-auditors-310854
EUObserver, 16.12.14: Ghost airports drain EU taxpayers' money http://euobserver.com/justice/126948
ESO: Background information: EU funds help Poland build 'ghost' airports http://www.europeansources.info/record/eu-funds-help-poland-build-ghost-airports/
EUR-Lex: COM(2014)747: Replies of the Commission to the Special Report of the European Court of Auditors "EU-funded airport infrastructures: poor value for money" http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2014:747:FIN

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