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Cyprus to take full advantage of EU funds to promote joint ventures in the field of public transport

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Cyprus to take full advantage of EU funds to promote joint ventures in the field of public transport

Cyprus aims at taking full advantage of the potentials offered by the EU, including the European Strategic Investments Funds, to fund actions promoting joint ventures of private and public investments in the field of public transport, Communications and Works Minister Marios Demetriades told the EU Transport Council,

According to an official press release, speaking during the discussion on the contribution of competitiveness, growth and employment at the EU, through the development of transport infrastructure, Demetriades said that efforts made at the Council’s level with a view to promote investments in infrastructure are pivotal both for promoting competitiveness, growth and employment and for the smooth functioning of the common market.

The Minister underlined particularly Cyprus` support to efforts made by the European Commission to promote policies encouraging the use of efficient means of transport. Referring to maritime transports, he underlined the need for further actions in this field. Our goal, he noted, is to take initiatives the will lead to the establishment of a European area of maritime transports without any barriers. He also stressed the need to maintain a stable regulatory framework that will ensure the competitiveness of the EU member states fleets.

Demetriades had on the sidelines of the Council`s meeting, separate meetings with his counterparts from Germany, Italy, Malta and the UK, with a view to promote Cypriot Andreas Chrysostomou`s candidacy for the position of the International Maritime Organization Secretary General.