Post on 11-Feb-2022
Ministère de l'Écologie, du Développement durable, des Transports et du Logement
www.developpement-durable.gouv.fr
1
Measuring Transport Infrastructure Investment & Maintenance
The French Case Frédéric BOCCARA, Ismenos TZORTZIS – SOeS Ministry of Transport
1
2 2
SUMMARY
1. Generalities -Sources & Methods
Investment spending, in volume
Investment / maintenance
Satellite Account
3. Limits and developments
2. Three approaches
FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
3
Two Major « primary » sources
Public Sector Accouting (PSA)
- By kind of Government entity
- By function (COFOG – « Economic affairs »,
---> function transportation = 04.5) Pb the « other » Government Entities (Local)
- Current Investment (cf. nature ESA)
- Subsidies And transfers
Enterprises accounting
- All corporations Managing Tsp infrastr. (survey)
- Big public owned enterprises + ASFA (association of highway companies)
- Annual Reports 3 FIT International Workshop on Investment in Transport Infrastructure
9-10 February 2011 – F. Boccara / SOeS
4
Complementary or « secondaries » sources
Price of civil engineering (national accounts)
Satellite Accounts of transports (synthesis n-1)
4 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
5
Implicit meta-information is necessary
Juridical mode of infrastructure management
to keep updated each year
5 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
6
Two institutionnal « tools » (coordination)
CNIS (national council for statistical information)
- To mobilise existing statistical sources (public sector accounts, enterprises accounts, …)
= place where is institutionnally organized the dialogue between Demand for statistics and Supply : users (researchers, professionnal organizations, unions, ..), providers (administrations), producers (statistical services), under the authority of the Ministry of Economy (=ministry of Insee, the french NSO)
Commission des comptes des transports de la Nation (CCTN)
- Organizing statistical and economical dialogue with transport « Actors », Ministry, Insee (=NSO), and a certain validation of figures
6 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
7
Three sets or visions
All infrastructure expenses, by mode
- Long run, value and volume
Investment / maintenance
- Not yet published (except through FIT) ;only public spending
All actors : Satellite accounts
- Investissement spending
- Cost of infrastructures
- Contribution of Gov to total
- Beneficiaries
7 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
8
1. All investment spending in infrastructure by
mode and actor
8 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
9
All investment spending in infrastructure : by mode and actor
Sources (1) NB Narrow Definition of the « product » infrastructure
Road : PSA + ASFA (Highway Companies)
- Pb : maintenance by highway companies
- Investment in other products by highway Cies
(vehicules)
- Excluding : road « safety investments »
Railway : RFF
Urban Collective Transport (UCT) : RFF + RATP + dedicated survey (operators + public Authorities)
9 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
10
All investment spending in infrastructure : by mode and actor (2)
Seaports : 7 ex-seaports ‘autonomous’
- Lacking : seaports administrate by territorial governments (15 ex-seaports of national interest, decentralized
since 2007 -> (130/261 mios € in 2006) : because not separated accounts
Progress from PSA (Chambers of commerce)
- Without some big equipements
- Quid railways in seaports ?
Inland ports and waterways : VNF
- Lacking : autonomous ports Paris & Strasbourg, CNR -> not firms & not gov. ; Infrastructure spending not isolated
- Lacking inland ports of territorial (local) authorities, beacause accounts not isolated
Progress from PSA (Chambers of commerce) 10 FIT International Workshop on Investment in Transport Infrastructure
9-10 February 2011 – F. Boccara / SOeS
11
All investment spending in infrastructure : by mode and actor (3)
Airports : PSA + Incorporated Airports
- Annex Budget (trafic control spendings)
- Lacking : territorial authorities (non incorporated airports)
Progress from PSA
- Excluded : meteo investments = not infrastructure
Pipelines : not yet treated
11 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
Ensemble
13
14
15
16
17
1990 1994 1998 2002 2006 2010
Ensemble
12
Investissement Infrastructures – Volume Total
In volume 2000 (value deflated par civil engineering price
FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
Total
13
Predomination of Road, but decreasing
In volume 2000 (value deflated par civil engineering price
0
2
4
6
8
10
12
1990 1994 1998 2002 2006 2010
Réseau routier
Réseau ferré principal
TCU
Autres infrastructures
FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
Road
Railway
Urban Collective Transport
Other
14
Urban Collective Transport : increase Railway infrastructure: Middle of cycle?
0,0
0,5
1,0
1,5
2,0
2,5
3,0
1990 1994 1998 2002 2006 2010
Réseau ferré principal
TCU
Autres infrastructures
FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
Railway
Urban Collective Transport
Other infrastructure
15
2. Investissement versus Maintenance
15 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
16
Investissement versus Maintenance
Investissement = new construction, extension, re-construction and heavy restoring
Maintenance expenditures = only those financed by Public Administrations (State, regional and local authorities)
Pb of « territorial » authorities : not available before 2005 by detailed function (PSA)
16 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
17
Sources maintenance
Road = Intermediate Consumption Of Territorial Authorities + Action « road maintenance » (PSA)
Railway = Payments Manager of Infrast. (RFF) to SNCF acting as « delegated manager of infrast. » + Direct Maintenance by RFF
Saeports = seaports accounts
Inland ports and waterways = VNF (maintenance spending)
Pipelines = not yet treated
17 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
18
% Maintenance / Investment (infrast.)
18
Source SOeS
FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
0%
25%
50%
75%
100%
TOTAL (all modes, public) Roads (public) Railway (incl. urban) Inland water-ways SeaPorts
2005
2006
2007
2008
19
Remarks maintenance
Only public funding maintenance
==>Pb by-mode comparability
Solution ? How to use Private Accounting ?
Linked employment : not tacken into account in certain cases (inland, beacause internal), taken into account in other cases (because « realized-by-a-third party »: Railway)
Definition of infrastructure : ex. GPS…
Quid of intangible assets
19 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
20
3. Satellite Account
20 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
21
Principles
Synthesis in common framework (GDP)
Financing / Beneficiaries (spending / income)
Product = « enlarged transport function » (including own account) ==> larger definition also for infrastructure
Statistical repartition (ex : inland spending out of VNF)
By institutional sector (National accounts)
All sectors, agents
By Mode
One limit : not endebtment flows
21 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
22
Consequences
Current Spending for Transport / Investment Spending for Transport
All investments (including own account)
- Equipments + infrastructure + Others
- All financing
All costs (use of infrastructure)
22 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
23
Infrastructure Investissement / Total Investissement
18,3 billions € / 51,4 billions € transport investment (36% of transport GFCF ; 1% of GDP)
6,8% of total GFCF (all sectors, exclud. Households)
10,9 billions € = Government itself
+1,7% year ; +2,7% year for all (2005-2009)
23 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS
24
Current Spending in Transport Infrastructure
33,5 billions € / 327,1 billions € of Current Transport Spending (=10%)
Capital Consumption : 6,2 billions €
Toll : 7,2 billions € (including non resident)
iK : (imputation) 4 billions € = 36%x11,2 billions
24 FIT International Workshop on Investment in Transport Infrastructure
9-10 February 2011 – F. Boccara / SOeS
25
Conclusion Limits & possible Developments
Principal Limit : employment spendings ( treatments)
Near term Developments : enrichment by local government (seaports, airports, inland ports), PPPs
Maintenance spending by private companies
Spending in other capital (vehicules, ..) to be discounted from infrastructure spending
Intangibles (softwares…), Land,
Satellite Acc.: Monetary Beneficiaries & tracing effects
To distinguish public owned companies
Stock of Assets , Endebtment (flows)
25 FIT International Workshop on Investment in Transport Infrastructure 9-10 February 2011 – F. Boccara / SOeS