european silk road

In the originally planned full expansion:

# 11,000 km of new high-speed rail and road infrastructure across Europe, on a northern and a southern route;

# Tapping the potential of the European neighbourhood – 480m people (EU: 510m) but with only half of the EU’s income level;

# Project cost: € 1,000bn (7% of EU GDP);

# Effects of construction: 3.5% GDP growth on average (cummulative, over a decade), 2m jobs;

# Road transport travel time cut by 8% on the core of the northern route;

# Positive trade effects, including 11% increase in exports to Russia for the countries along the northern route;

# Additional potential: common infrastructure standards (e.g. e-mobility); more political, personal and cultural cooperation across Europe; a new narrative for the continent.

For more information please download the full study (PDF).