The need for financing infrastructure

The infrastructure projects who are involving  are included the eastern European countries  in the Rhine-Danube corridor and that East / Eastern Mediterranean of the nine presented Thursday by the European Commission (EC), which would act as a backbone in the single European market and revolutionize connections east-west.  The first of these corridors, the Rhine-Danube will have a main axis consists of Main and Danube inland waterway and will connect the central regions around cities Strasbourg and Frankfurt, through southern Germany to Vienna, Bratislava, Budapest and finally, the United Black, an important branch that starts from Munich to Prague, Kosice and the border with Ukraine. The corridor would include, according to papers published by the EC, Romanian cities of Timisoara, Arad, Brasov, Bucharest, Craiova, Sulina town and Constanta. Corridor East / East Mediterranean sea interface connects the North Sea, Baltic Sea, Black Sea and Mediterranean Sea, optimizing the use of ports and maritime highways related subjects. Having inland waterway as the Elbe River, this corridor will improve multimodal connections between northern Germany, Czech Republic, Panonian region southeastern Europe. He extends sea from Greece to Cyprus. This design will be included and access infrastructure in Romanian cities of Timisoara, Arad and Craiova. To make the necessary investments materialize the new corridors, EU funding for transport infrastructure will triple over the period 2014-2020, reaching 26 billion. Overall, the new EU infrastructure policy will turn the current patchwork of roads, railways, airports and European channels in a unified trans-European transport network (TEN-T). EU funding will focus on power transmission network, which has the highest value added in the EU. To give priority east-west connections, almost half of the total EC funding for transport infrastructure – or 11.3 billion under the Connecting Europe Facility (CEF) will be allocated only to the beneficiary countries of the cohesion policy. The infrastructure community policy establishes for the first time, a core network of transport corridors based on nine major and two north-south corridors, three east-west corridors and four diagonal corridors. The core network will transform east-west connections, will remove bottlenecks, upgrade infrastructure and streamline your cross border transport operations for passengers and companies across the EU, the EC notes in a statement.

The future of public private partnerships

This week the Govern passed the bill on public private partnership that provides for a legal framework necessary to create jobs and attract foreign investment, according to a press release. The main changes are aimed at how to initiate public private partnership projects institutional and contractual , the constitution of the company project , the possibility of using public funds and European , to the public and collateral arrangements that may be established by the project company the provisions of the content of the public -private minimum terms of contract and its duration. A novelty is the fact that the company may have as shareholders or the public partner and the private partner or just a private case of a public – private partnership contract. Public-private partnerships are Europe’s chance to attract foreign investors, believes a lot the experts in financial issues. At the last visit of a Chinese delegation from International Engineering Co, the financial magazine said: “Currently there is a government and political opening to attract foreign investors can benefit from the development of a public-private partnership but change is needed in advance of legislation.” According to the explanatory memorandum , the bill (PDF file ) aims to create a legal framework to attract private financing for public projects , attracting foreign investment , creating jobs, improving public sector performance in implementing public projects , identifying new opportunities for attracting European funds . In this sense , compared to the previous regulation are aimed module additions to the initiation of a public-private partnership project institutional and contractual , the constitution of the company project institutional public-private partnership , the possibility of using public funds and European ones , to the public and collateral arrangements that may be established by the project company , the minimum elements that must be included in the public private partnership projects contract , or duration. The competent authority in implementing the law’s Department of Infrastructure and Foreign Investment Projects that will deliver and implementing within 90 days of the publication of the law in the Official Gazette. The project will be submitted to the European Parliament for discussion and adoption.

Means of transportation

Development, diversification and modernization of transport were determined by the expansion and intensification of production and circulation of goods, the deepening international division of labor.
Given the need for links between production and consumption, there has been made transport project. This project can be found in shipments. They are those that move the goods produced in other branches of production where materials were produced at to be consumed in the domestic and international market. Object transport activity is the movement of passengers and cargo space.
But not all movements in space transport activity is subject under the contract of carriage. Thus, transport information, transport of liquid and gas through pipelines and other similar activities cannot form the contract of carriage. These activities are carried out through its own facilities and do not require specific operations involved in transport activities , such as taking over by the carrier of goods, duty guard and taking them to their destination.
Considered in terms of its economic content, transport activity is the means by which it facilitates the exchange of goods and movement of people, unlike the movement of thought (carriage of mail, fax, telephone transmissions), transport is subject to other rules.
Also left out of our sphere of concern postal transport, although is based on legal relations between the operator and the unit -mail, do not integrate into the contract of carriage. Moreover, neither the sender nor the recipient legal ties transport unit which carries out the correlation. The transport activity can be defined as actions that are organized and performed movement of passengers and goods in space and time.
Transport has an important role in the production which, through better organization, can help to: reduce production cycle, accelerating the rotation of working capital, improved financial indicators.
Production of an undertaking is served not only by internal transport, but transport carrying its external relations with the other companies and the entire national economy.
Hence the important function of the transport production to support links between enterprises, communications between the major industrial centers between the industrial and farming skills. This role is fulfilled by public transports, containing it: rail, river and sea, road, air transport and passenger transport. The latter serves the manufacturing process by moving the workers to and from work.