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September 14, 2014

European Commission invites transport project proposals for €11.9bn funds

The European Commission has invited project proposals for €11.9bn in EU funding to improve transportation infrastructure among the member states.

By Samseer M

 Image: The info graphic of Trans-European Transport network. Photo: courtesy of European Commission

The European Commission has invited project proposals for €11.9bn in EU funding to improve transportation infrastructure among the member states.

The proposals can be submitted until 26 February 2015 and they need to be co-financed by the member states. The largest ever single amount allocated by EU for transport infrastructure will be spent on nine major transport corridors, known as the Trans-European Transport Network.

The nine corridors comprise Scandinavian-Mediterranean, North Sea-Baltic, North Sea-Mediterranean, Baltic-Adriatic, Orient/East-Mediterranean, Rhine-Alpine, the Atlantic corridor, Rhine-Danube and the Mediterranean.

The Trans-European Transport Network will connect 94 main European ports with rail and road links, in addition to 38 airports with rail connections into major cities.

"Areas of Europe without good transport connections are not going to grow or prosper."

Up to 15,000km of railway line will be upgraded for high-speed travel and 35 cross-border projects will be undertaken to reduce bottlenecks.

The European Commission was quoted as saying: "The ultimate objective of infrastructure development along these corridors, and on the core network as a whole, is to complete seamless connections for the sake of efficient, future-oriented and high-quality transport services for citizens and economic operators."

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The project is aimed to be completed by 2030. The EU has increased its financing for transport to €26bn in 2014-2020 from €8bn in 2007-2013, under the new Connecting Europe Facility (CEF).

European Commission vice-president Siim Kallas said: "Areas of Europe without good transport connections are not going to grow or prosper.

"Member states need to seize this opportunity to bid for funding to be better connected, more competitive and provide smoother and quicker journeys for citizens and businesses."


Image: The Trans-European Transport Network. Photo: courtesy of European Commission.

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