From local public transport benefits for 26.2 billion to work and businesses
What would happen if buses, trams, subways and trains were to disappear from our cities and suburbs? The question is not a post-apocalyptic fantasy but a way to gauge the importance of transportation...
A study by Agens, a federal transport and services agency affiliated with Confindustria, and the Polytechnic of Milan, has evaluated the impact of public transportation on the Italian economy. Without a capillary network of collective mobility, the country's productivity would decline by an average of 1.2%, with a estimated economic loss of 26.2 billion euros per year.
The study found that the public transportation sector generates 12.1 billion euros per year, with 70% coming from public funds and 29% from ticket sales, and creates 4.6 billion euros of added value annually. The sector also has a positive impact on the environment, with public transportation estimated to save 9.6 billion euros per year in external costs.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
