Governance of Transport Corridors in OIC Member States:
Challenges, Cases and Policy Lessons
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7.3.5 Infrastructure: financing, planning and programming
Sources of finance available to effectively ensure governance of transport corridors
The rules on financing the IGC and PS are laid down in the Agreement on Joint Financing of the
Permanent Secretariat of the IGC TRACECA. All members contribute to the IGC and PS on an equal
basis.
Financing by government(s) and international organisations/international banks
Since its inception in 1993, TRACECA was mostly funded by the EU. In the following years, the member
states slowly took over the funding, and in 2009 EU funding halted. Although the EU withdrew from
funding the governance institutions, they helped fund technical assistance projects. For example, the
LOGMOS project was initiated to develop a TRACECA action plan for 2016-2026. In June 2016, this
document was approved by the IGC as the strategic government for the coming 10 years.
Prioritizing investments
The LOGMOS Master Plan proposes 68 recommendations for transport improvements. Each project
was rated low, medium or high priority, yielding 29 high, 34 medium and 4 low priority projects. The
ratings are established based on studies and expert consultations. Most high priority projects relate to
measurements with a corridor wide impact, speeding-up border crossing, improvingmaritime and rail
transport, ease intermodal transport or harmonize national regulations.
Advocating for and coordinating themaintenance and upgrading of corridor infrastructure and
facilities
Advocating and coordinating maintenance is not included in the MLA.
7.3.6 Corridor performance monitoring and dissemination
Monitoring of corridor performance and management performance
Corridor performance is measured using the TRACECA Route Attractiveness Index (TRAX), which
shows the attractiveness of the transport industry and the relative attractiveness for various east-west
routes in terms of safety, reliability, cost and transit times. The permanent secretariat is responsible
for the monitoring of the implementation of the Action Plan. However, no information is available on
the methods.
Dissemination and making statistics publicly available
The PS is responsible for disseminating information on TRACECA activities, objectives and
achievements. Transport data and GIS maps are made available on the TRACECA website.
7.3.7 Promotion and stakeholder consultation
Promotion of the corridor
It is laid down in the statute for the Permanent Secretariat that National secretaries are responsible
for carrying out regular mass media surveys and maintaining close contacts with mass media.
Although TRACECA is more than two decades old, the current TRACECA master plan proclaims
“TRACECA is not a widely recognized ‘brand’” (LOGMOS Master Plan 2014, p. 29), and should
propagate the ease of transport between hubs and border crossings in the region, suggesting more
promotion effort by its institutions.
Involvement of stakeholders
With respect to various stakeholders, ministers of Transport are represented in the secretariat and
national authorities participate in working group meetings. It is said that the private sector is