[PR03]
Infrastructure investments
Assessments published: [ 2009 2013 2011 2008 ]

The indicator shows the volume of investments in infrastructure of road, rail, air and maritime transport in the Republic of Slovenia in the period 1992-2008; this includes all investments in infrastructure with the exception of regular maintenance costs. Infrastructure investments include expenses for new construction or the expansion of existing infrastructure, including restoration, modernisation and larger repair work. Infrastructure includes land, the construction of permanent paths, buildings, bridges and tunnels as well as fixed installations, equipment and installations in connection with them (signalisation, telecommunications, catenaries, power plants, etc.). Infrastructure maintenance costs are costs for the maintenance of infrastructure in such a condition that it may operate (SORS, 2004). Infrastructure of air and maritime transport also includes investments in equipment for traffic management and the provision of safety.

Image PR3-1: Volume of investments in transport infrastructure

Source: Annual reports 2003-2008, Motorway Company of the Republic of Slovenia (MCRS); Annual financial statement of the national budget 2001-2008, Ministry of Finance


- Provision of necessary transport infrastructure for land transport as well as maritime and air transport, which will follow the principles of sustainable and coherent regional development (RePPRS and Operational Programme of Environmental and Transport Infrastructure Development for the Period 2007–2013)
- Development of balanced and equally burdened transport sub-systems (RePPRS and the Operational Programme of Environmental and Transport Infrastructure Development for the Period 2007–2013)
- Development of the Slovenian port and completion of its infrastructure and inland backbone transport infrastructure, and the establishment of the system of sea motorways (Operational Programme of Environmental and Transport Infrastructure Development for the Period 2007–2013)

The Operational Programme of Environmental and Transport Infrastructure Development for the Period 2007–2013 specifically includes the following projects:
- construction of 28 km of new railway tracks and modernisation of 400 km of existing railway tracks
- construction of or modernisation of 500 km of cycling tracks
- construction of 20 km of new and modernisation of 130 km of existing roads
- construction of 15 new non-level crossings
- construction of 65 km of new motorway sections
- construction of 1800 m of new operative shoreline.

The indicator investments in infrastructure of individual transport sub-systems normally indicates the real transport policy of countries, regions or towns, since often investments are implemented in the infrastructure of road transport despite the declaratory support of sustainable transport modes in strategic documents at the operational level.

The indicator shows that in the last ten years the Republic of Slovenia has been directing the majority (around 90 %) of its growing investments in infrastructure into the road network, especially the motorway network. Railways, which have a much higher sustainability potential, are staying behind in development due to a lack of investment. Existing railway tracks, built primarily in the 19th century, do not fit the modern transport needs with regard to their parameters and their capabilities, and are completely non-competitive compared to the modern road network of Slovenia and modernised railways in the majority of the EU countries. Air and maritime transport do not have a significant role in the structure of total investments in infrastructure.

The majority of infrastructure investments will be devoted to the motorway network at least for another ten years, since the Resolution on the National Motorway Construction Programme in the Republic of Slovenia (OG RS, no. 50/2004) stipulates annual expenses for the completion of the remaining motorway network of between 200 and 400 million EUR (around 1.6 % of GDP) in the period 2003-2013. However, already in 2007 their value exceeded 600 million EUR. Besides the budget, the most important source of financial resources will be borrowings and long-term infrastructure bonds. After the completion of the motorway network (expected in 2013), construction financing will not end, since the motorway programme costs (in total, more than 10 billion EUR) will have to be repaid until 2033. At the same time, the management and maintenance costs of this network will also increase. Future investments in railway infrastructure are less structured, since at this point they do not have a basis in the revised national programme for this area. However, projects for the modernisation of the 5th Trans-European corridor network, which was also highly ranked by the EU in its priority tasks, are being implemented with EU support.

However, in the last number of years it is possible to detect changes in the ratio of investments of state resources in individual transport sub-systems. In the year 2000, the resources for the motorway network amounted to 80 %, while 13 % were intended for state roads and only 5 % for the railway network. With the completion of the motorway network the investments have slowly begun to move primarily to the construction and modernisation of the railway network; in 2008, the investments for the motorway network decreased to 70 %, while the resources for the railway infrastructure increased to 14 %. It is also possible to detect a slight increase in investments in state roads, the investment share of which increased to 16 % in 2008. Hereby, it has to be emphasized that the resources of motorway construction in the last years have been coming less from the budget and more from the resources collected by tolls. The construction has been frequently financed by various forms of borrowing – for instance, by loans from international financial organisations, foreign financial loans and domestic financial loans.

Some EU Member States have also been dealing with investments in infrastructure of non-motorised transport modes (walking, cycling) by constructing state cycling networks and walking paths as well as encouraging sustainable transport modes (by co-financing the local infrastructure of these transport modes). In the recent period, the state and the local communities in the Republic of Slovenia have also devoted more attention to the cycling infrastructure. In the past, a strategy for the establishment of the state cycling network was prepared, while the investments (in the last six years app. 1.7 million EUR) have frequently been complemented by initiatives at regional and local levels in the form of common investments in cycling connections, which primarily have tourist and recreational importance. Increased investments in cycling infrastructure can be detected also in larger towns, usually due to the pressure of the civil society.

The last available data on investments in transport infrastructure for the EU, collected by the European Environment Agency, refers to the period 1990–1995 (EEA, 2002). Due to the outdated data, a comparison of Slovenian data on investments in transport infrastructure with the data of EU Member States is not appropriate. For such an analysis, new collection and publication of data at the European level shall be necessary.

Data for Slovenia

Objectives summarised by:
- Resolution on Transport Policy of the Republic of Slovenia (RePPRS), OG RS, no. 58/2006, Operational Programme of Environmental and Transport Infrastructure Development for the Period 2007–2013 and Spatial Planning Strategy of Slovenia, OG RS, no.76/2004.
Source database or source: - Annual reports of MCRS 2003–2008
- Annual financial statements of the budget of the Republic of Slovenia 2001–2008
Data administrator: - Motorway Company of the Republic of Slovenia (MCRS)
- Ministry of Finance (MF)
Date of acquisition for this indicator: 13 July 2009
Methodology and frequency of data collection for the indicator:
The data on the investments in the motorway network have been published since 1994 by the Motorway Company of the Republic of Slovenia (MCRS) in its annual report, while the review of the period 1994-2003 was published in the annual report for 2003. Amounts for individual years indicated in the indicator are much higher than in the final statements of the budget, since the latter include only budget resources. Namely, the resources for the construction of motorways have been coming in recent years less from the budget and more from the resources collected by tolls. The construction has been frequently financed by various forms of borrowing – for instance, by loans from international financial organisations, foreign financial loans and domestic financial loans.
The data on the investments in state roads and railway, maritime and air infrastructure is annually published by the Ministry of Finance in the Annual financial statement of the national budget, published in the Official Gazette of the Republic of Slovenia and also on the Ministry's web page.
Data processing methodology: In the annual financial statement of the national budget for 2008 we considered only the data on the realised values for the following subprogrammes and one budget item: investment maintenance and construction of state roads (subprogramme 13022404), investment activities in railway infrastructure (subprogramme 13032407), airports and airport infrastructure (subprogramme 13042404) and equipment for the safety of maritime transport (budget item 3830).
The total volume of investments, indicated in Slovenian tolars in final statements is, for a better comparability of the indicator, calculated and converted into EUR according to the data of the webpage Archive of tolar daily exchange rates of the Bank of Slovenia (2008) for the last day in an individual year within the considered period.
Information concerning data quality:
- Advantages and disadvantages (at data level): The MCRS data is accurate and enables a comparison between years. The MF data is less comparable than the MCRS annual reports, since the classification of the expenses of ministries has been changing throughout the years; therefore, it is more difficult to separate resources used for regular maintenance from those used for investment maintenance. However, it was possible to obtain quality data on the investments in transport infrastructure in the Republic of Slovenia with a detailed review of expenses and comparative analysis of different years.
- Relevance, accuracy, robustness, uncertainty: The MCRS data is accurate, while the MF data is in comparison with the former less reliable due to classification changes of budget items.
Reliability of the indicator (archive data): The data refers to a longer time period.
Uncertainty of the indicator (scenarios/projections): Projections have not been prepared.
- Overall assessment (1 = no major comments, 3 = data to be considered with reservation): 1
Relevance: 1
Accuracy: 2 (change of classification of the expenses of ministries)
Completeness over time: 1
Completeness over space: 1

Other sources and literature:
- Archive of tolar daily exchange rates of the Bank of Slovenia (24 July 2008).
- EEA, 2002: TERM 2002 19 EU – Investment in transport infrastructure per capita and by mode. Indicator Fact Sheet. European Environment Agency.
- Resolution on the National Motorway Construction Programme in the Republic of Slovenia. OG RS, no. 50/2004 (13 July 2009).
- SORS, 2004: Glossary for transport statistics (UNECE, ECMT, Eurostat). Ljubljana, Statistical Office of the Republic of Slovenia (30 June 2009).

Last update of indicator: 23th december 2009.
Aljaž Plevnik, Jani Kozina, Urban Planning Institute of the Republic of Slovenia