The G7 Transport Ministerial Meeting has ended with the adoption of the traditional Joint on the Social Value of Infrastructures.
The document underlines the investment in high-quality and innovative Infrastructure as a key strategy to sustain economic growth, recognizing its social role to contribute to social well-being, to facilitate access to health and education services and to employment opportunities. Well-planned investments in infrastructures can trigger economic, environmental and social benefits.
Particular attention should be paid to ensuring sound planning to facilitate the selection of the most beneficial projects, generating the highest added value, based on cost-benefit analysis. The document also points out the importance of stakeholders’ and local communities’ engagement and participation in the different phases of decision-making processes.
The G7 countries came to the conclusion that it is necessary to encourage and facilitate the involvement of private capital, and to reap the benefits of Private-Public Partnerships. Yet, in order to learn from their respective experiences, G7 countries intend to establish a working group on infrastructure development to exchange best practices and innovative ideas on planning, funding, financing and implementing infrastructure projects with a view to making recommendations to the Ministers.
Joint declaration also stresses that advanced technologies for vehicles and infrastructure will not only transform road safety and environmentally-friendly mobility, but also will provide new transportation solutions that can benefit all segments of our populations. To achieve these ambitious objectives, G7 countries reaffirm their commitment to identify and remove potential barriers to the introduction of automated guidance technology and to connect to existing regulation systems at international and individual levels. This recognizing the strategic value of the technology investment in terms of security, emission reduction and optimization of the use of our road networks.
At the G7 Transport Ministerial Meeting saw the participation of the Ministry of Infrastructure and Transport Graziano Delrio from Italy, Ministry of Transport Marc Garneau from Canada, Federal Ministry for Transport and Infrastructure, Alexander Dobrindt from Germany, Ministry of Territory, Transportation, and Tourism, Keiichi Ishii from Japan, Secretary of State for Transport, Chris Grayling from the United Kingdom, Secretary of State for Transport, Elaine Chao, from the United States, EU Commissioner for Transport Violeta, General Director for Infrastructure, Transport and the Sea, François Poupard from France.