Public transport: Every euro invested brings three euros for the economy!

Public transport: Every euro invested brings three euros for the economy!

A current study shows that local public transport (public transport) in Germany is of considerable economic value. According to the results of the Deutsche Bahn (DB), which were published on Thursday, every euro invested in public transport brings a benefit of three euros for the economy. This is particularly significant because the annual operation of public transport nationwide causes costs of around 25 billion euros, while the value creation by public transport is estimated at around 75 billion euros. This resulted in the study, which was created by the future cluster MCube under the direction of the TU Munich on behalf of the DB initiative "Future Local Transport".

An essential part of the value creation is not only recorded directly from the public transport industry, but also from the associated economic areas such as vehicle production and cleaning services. The influence of public transport on retail is particularly striking. Its sales sometimes depend on the passengers who visit the shops in the cities.

positive effects on tourism and labor market

Accessibility through public transport also has a positive impact on tourism, especially in cities and holiday regions, where good connections are important for visitors. In addition, public transport enables employees to achieve their jobs, which is important for the stability of the labor market. Jan Schilling, board member of DB Regio, therefore demands an expansion of the public transport offer to further strengthen these positive effects.

In addition, it is emphasized that public transport saves economic costs. Savings include fewer traffic accidents, less space consumption, reduced noise and a decrease in air pollution and CO2 emissions. According to the study authors, a relocation of today's traffic performance from public transport to motorized private transport (MIV) would cause an additional nine billion euros in costs.

Mcube managing director Oliver May-Beckmann emphasizes that local transport not only strengthens retail and tourism, but also relieves commuters. The results underline the importance of investments in public transport for society and the economy. Further information on the results and the context of the study can be found in the detailed analysis of Verkehrskonference

The knowledge of this study underlines that a sustainable investment in public transport is not only economical but also ecologically sensible. The promotion of public transport could thus represent a key strategy for the future of urban mobility in Germany.

For further details on the study and its relevance you can read the comprehensive analysis on yahoo news.