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The French Multimodal Fund Case Study, Annex 4 to REVENUE Project Deliverable 4, “Report on the Implementation of Interurban Case Studies”

Abstract : In December 2003, the French government decided to implement an ambitious transport policy with a set of significant transport infrastructure projects. So as to finance a part of this policy a new public funding agency, called AFITF ("Agence pour le Financement des Infrastructures de Transport de France") was implemented the 1st January 2005.
AFITF took over from the FITTVN ("Fonds d'Investissement pour les Transports Terrestres et les Voies Navigables") which was created in 1995 to re-launch public investment in transport infrastructures and abolished the 1st January 2001. The succession of investment funds underlines the persistent need for an everlasting transport investment financing.
The main objective of successive French governments is an everlasting (or “sustainable”) transport investment financing with the concern of opening up less developed areas. To reach this aim, we focus our case study on important questions like revenues, pricing rule, equity and efficiency issues:
• Which revenues to obtain a “sustainable” transport investments financing?
• Which pricing rule for financing in an efficient way?
• Which allocation between modes for optimal efficiency and for equity?
• How will AFITF be “accepted” by different transport actors (motorways companies, road users, rail users...) and poor and rich regions inhabitants?
Financing “sustainability”, efficiency and equity issues are addressed by the means of the Molino model and acceptability aspects through an analysis of the creation and ending of the FITTVN.
The first part of the case study is devoted to the investment funds feasibility question through the FITTVN example.
The second part of the case study is devoted to the assessment of regulation schemes.
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Charles Raux, Aurélie Mercier, Stéphanie Souche. The French Multimodal Fund Case Study, Annex 4 to REVENUE Project Deliverable 4, “Report on the Implementation of Interurban Case Studies”. 2005. ⟨halshs-00141412⟩

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