The Ministry of Transport took part in the Annual Summit of the International Transport Forum (ITF), held in Leipzig, Germany, on May 6-8.
Held under the Presidency of Azerbaijan, and themed; “Funding Transport Resilience”, the Summit focused on addressing one of the most urgent challenges facing transportation: how to make transport systems more resilient and how to pay for it.
Key topics also included transportation resilience before economic, technological and environmental challenges. The Summit also highlighted the best world practices in funding transportation infrastructure projects to support the switch to more sustainable and innovative mobility systems.
Summit discussions were focused on innovative funding mechanisms, public-private partnerships, risk-sharing models and the role of international cooperation in building resilient transportation systems. Participants also examined how investment strategies can align with broader goals including sustainability, digitalization and inclusive economic growth.
The MOT participation came within the framework of solidifying its successful partnerships and constructive dialogs, while keeping pace with latest world policies and trends in transportation industry. It also aimed at cementing cooperation with world countries and international bodies, let alone holding bilateral meetings that serve national interests and exchange of expertise.
The Summit serves as the leading global platform for strategic dialog on transportation policy, bringing together decisionmakers at the highest level from government, private sector, and global organizations, from around the world.
