| Author (Corporate) | European Court of Auditors |
|---|---|
| Series Title | ECA Special Reports |
| Series Details | No.23, 2016 (September 2016) |
| Publication Date | 2016 |
| ISBN | 978-92-872-5832-8 |
| ISSN | 1977-5679 |
| EC | QJ-AB-16-023-EN-N |
| Content Type | Policy-making, Report |
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Summary: Seaports are a key part of the EU’s trade network. Between 2000 and 2013, the EU invested 6.8 billion euros in ports. We found that the port development strategies put in place by the Member States and the Commission did not provide enough information to allow effective capacity planning to be carried out. This had led to EU co-financed investments in port infrastructure being ineffective and unsustainable, with a high risk of around 400 million euros invested being wasted. Road and rail connections to port hinterlands were often missing or inadequate, meaning that further public funding will be needed to make the initial port investments work well. We also found that the Commission had not taken the necessary action in the area of state aid and customs procedures to allow ports to compete on a level playing field. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2865/522763 |
| Related Links |
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| Subject Categories | Mobility and Transport |
| Countries / Regions | Europe |
