Study: Infrastructure Maintenance Backlog Costs 20 Billion Euros
5 Articles
5 Articles
Backlogs in the renewal of bridges and locks will cause 20 billion euros in economic damage in the period up to 2035 without additional policy measures. This is the conclusion of the Economic Institute for Construction (EIB) in a new study. It concerns the costs of existing and anticipated closures and other restrictions on road and water traffic.
The backlog in maintenance on bridges and locks is costing the Dutch economy 20 billion euros if no additional policy is implemented. This is evident from figures provided by the Economic Institute for Construction (EIB). This economic damage is caused primarily by high transport costs due to closed bridges. In addition, ships will have to take detours because of broken locks. According to Taco van Hoek, director of the EIB, 3 billion euros must…
Postponing the replacement and renovation of bridges, viaducts, and locks could cost the Netherlands over 20 billion… by 2035. Bridges and locks: backlog costs 20 billion euros
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