“There is a strong need to reinforce institutional and technical co-operation in order to speed up the actual realisation of this Corridor by improving the cross border connections and concentrating funds on clear priorities” said CEI Alternate Secretary General, Giorgio Rosso Cicogna on the occasion of the Conference “Pan-European Intermodal Corridors: an Opportunity to Kick – start the Economic Growth”, organised by the Italian Chamber of Commerce for Hungary on 2 October, 2012 in Budapest. He also emphasised the role of the CEI and its contribution to the development of this important Corridor through “constant institutional activities among its Member States and through the role of Coordinator of a large number of transport authorities in EU-funded projects such as SEETAC and ADRIA A”.
The conference in Budapest witnessed the participation of Italian, Hungarian, Slovenian Authorities, Rail operators, the European Commission, the EBRD, the EIB, private banks, representatives of the business community as well as the European Co-ordinator of Priority project n°6 (PP6), Hon. Laurens Jan Brinckhorst. Great attention was paid to the re-launch of the implementation of the rail sections Corridor 5/PP6 especially from Trieste to Ljubljana, Budapest and Ukraine/Russia. The authorities confirmed that - under the current economic circumstances - Corridor V would represent a vehicle for economic growth and East-West regional integration by increasing the trade volume and unlocking market opportunities along its path. The extension to Russia was also highlighted for its favourable outcomes in terms of trade volume.