Lindetorpsvägen 7, Stockholm, Sweden
+46-8-602 12 00
Road Asset Management offers a strategic, long-term approach to managing our transport infrastructure.
The road network plays a crucial role in the European economy, providing a channel for the movement of goods, resources and people. However, our roads are often taken for granted, and users do not realise the importance of long-term investment.
Lack of proper maintenance can lead to irreversible deterioration of the road network across Europe and the world. In response the European Road Federation (ERF) has put forward a manifesto for action entitled Keeping Europe Moving. The document draws on the concept of Road Asset Management – a strategic, long-term approach to maintaining and enhancing the road infrastructure
Under Road Asset Management, countries generate a clear picture of the current state of their network, establish its value and the costs of maintenance, and then set up precise funding scenarios for maintaining the roads.
The balance between funding for long-term maintenance and more immediate issues is always a difficult one to strike. Yet, figures from the ERF show that each euro spent on road maintenance is amply repaid by preventing the need for later repairs and reconstruction.
The challenge now is to communicate these benefits to decision makers and encourage them to take the whole lifecycle of a road into account when considering maintenance and improvement issues.
Read the full article ‘Turning knowledge into action’ in Performance Magazine Issue 1/2014
The upgrading and maintenance of road networks are effective tools for countries wishing to improve their competitiveness. Roberto Crotti from the World Economic Forum explains why.Read more about Better roads = improved competitiveness