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Austria: Competitiveness Suffers from Poor Infrastructure
Politics ♦
Published: November 5, 2013; 12:41 ♦ (Vindobona)
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According to infrastructure report “FBA“ (Future Business Austria), the Austrian business location is suffering from poor infrastructure which leads to the country missing out on a productivity potential of almost € 34bn.
Austria: Competitiveness Suffers from Poor Infrastructure / Picture: © Vindobona.org
On an international level, the infrastructure, energy, traffic and communication network is still very well developed. However, the accumulated loss in added value because of the missed out potential has run up to almost € 215bn since 2005, which leads to a deterioration of the Austrian competitiveness. While in 2010, Austria came at 14th place it is only positioned at the…
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