In 2023, France's road infrastructure expenditure stood at 9.3 billion Euros. The forecast for 2024 to 2028 indicates a gradual decline in spending, falling from 9.27 billion Euros in 2024 to 9.16 billion Euros in 2028. This represents a year-on-year decrease ranging between 0.2% and 0.3%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is roughly -0.3%, demonstrating a slight contraction in road infrastructure investment.
Future trends to watch:
- Potential impact of government policies aimed at sustainable transport solutions.
- Inflation and economic conditions influencing public infrastructure budgets.
- Technological advancements potentially reducing maintenance costs.