Financing of water transport infrastructure: foreign experience

Abstract

In recent decades, many countries of the world are faced with the problem of congestion in land transport due to the increase in the volume of transported goods. As a result, much attention is paid to inland waterway transport, which has significant untapped potential. It is also important that inland waterway transport (IWT), in comparison with alternative modes of transport, has such advantages as low cost of transportation, reliability, and environmental friendliness. This article analyzes the experience of financing water transport infrastructure facilities in foreign countries with a developed network of inland waterways, namely, Germany and the United States. The purpose of the work is to generalize the practices of attracting funds for the development of the infrastructure of inland water transport.