Increase in investment lines: Building industry appeals to the Bundestag to strengthen the German infrastructure

Increase in investment lines: Building industry appeals to the Bundestag to strengthen the German infrastructure

In the current draft budget for the coming years there is good news for traffic and construction in Germany. The cabinet design stipulates that cuts in the field of infrastructure could be avoided. Nevertheless, there is still room for improvements and additional investments.

traffic and infrastructure

The experiences during the European Championship have shown that the German infrastructure, especially the rail network, is exposed to international criticism. In order to meet the requirements of an industrial country, a powerful infrastructure is essential. That means well -developed roads and a reliable rail network. Despite the plan for a traffic turnaround, freight traffic on the street is expected to continue to increase until the end of the 1920s. It is therefore essential to invest in the preservation of the streets.

It is gratifying that the impending cuts could be averted as part of the budget consultations and additional funds are made available to complete ongoing projects. This is good news for companies in infrastructure construction. However, the funds for Autobahn GmbH are not sufficient to catch up in the infrastructure. Years of wear have led to bridges and streets in need of repair. Further investments are required to fix this. It is important to develop concrete plans for future projects to ensure motorway expansion.

The issue of the European Championship has also shown that the rail infrastructure urgently needs to be modernized and expanded. An intact rail network is crucial for a smooth transport of goods and people. A comprehensive investment strategy is required to maintain and further expand the existing network.

housing construction

The budget draft also provides for an increase in funds for social housing. This is a positive step to correct the imbalance in housing construction. However, the intended medium increase alone will not be sufficient to catch up with the gap of 100,000 missing building permits by the end of 2023. A uniform strategy of the federal government that includes all affected ministries is necessary to boost housing construction.

It is important that the funding is coordinated with other measures to avoid expensive construction projects. A uniform and coordinated final offensive for housing would therefore be desirable.

Overall, the draft budget offers new opportunities for traffic and construction in Germany. It is important to use the means efficiently to ensure solid infrastructure and affordable living space.