EU grants of almost US$2.2 billion for key TEN-T projects

The European Commission has selected a total of 172 projects that will benefit from almost US$2.2 billion in EU co-financing from the trans-European transport network (TEN-T) programme for improving transport infrastructure across Europe. Eighty-nine projects selected from the 2012 multi-annual call and 83 from the 2012 annual call will use this financial support to help realise TEN-T network development – ranging from preliminary studies for new projects to top-up grants aimed to aid on-going constructi
October 17, 2013 Read time: 1 min
The 1690 European Commission has selected a total of 172 projects that will benefit from almost US$2.2 billion in EU co-financing from the trans-European transport network (TEN-T) programme for improving transport infrastructure across Europe.

Eighty-nine projects selected from the 2012 multi-annual call and 83 from the 2012 annual call will use this financial support to help realise TEN-T network development – ranging from preliminary studies for new projects to top-up grants aimed to aid on-going construction initiatives, in all transport modes.

Commission Vice-President Siim Kallas, responsible for transport, said: "Trans-European networks in transport are some of the best examples of the value the EU can bring to its member states. A well-functioning network is essential to the smooth operation of the single market and will boost competitiveness. These projects will also assist Europe in moving to a more sustainable future and allow the same market access to all our regions."
Urban Traffic Control

For more information on companies in this article

Related Content

  • Umovity: Revolutionising mobility through innovative technologies
    December 1, 2023
    United under the brand Umovity, PTV Group and Econolite join forces and introduce their new combined Mobility Tech Suite. The companies’ CEO Christian U. Haas explains the details
    Read More
  • Creative finance enables parking progress in LA
    March 15, 2016
    David Crawford investigates an innovative public/private partnership. Los Angeles entered the second decade of the 21st century facing major challenges to its parking operations. With a population of 3.8 million, and its car-oriented culture still predominant, the city's parking meters were technically outdated - with most only accepting coins and many regularly out of service - resulting in a substantial loss of revenue. This coincided with a number of Californian cities looking to parking income to boost
    Read More
  • Peer-to-Peer carsharing in Europe projected to grow significantly
    August 24, 2012
    According to Frost & Sullivan, by 2020 more than 200 traditional carsharing organisations (CSOs) and another 24 Peer-to-Peer (P2P) CSOs are expected to take the European market for carsharing to new heights. More than 14 million new members are expected to use carsharing services in Europe by the same year, while three new sub-segments will emerge in the market: electric vehicle carsharing, corporate carsharing and one-way carsharing. While the new segments arise in particular due to continued urbanisation
    Read More
  • 44th annual ASECAP Study and Information Days
    January 22, 2016
    ASECAP, the European Association of tolled road infrastructures operators, is holding its annual meeting at the InterContinental Hotel, Madrid, Spain from 23-25 May. The event will explore the key role of the toll motorways in ensuring integrated and sustainable mobility in Europe and will offer the opportunity to discuss EU integrated transport approach and, more specifically, on how to meet the challenges towards the EU 2020 Strategy. It will also look into the future of transport from the current interna
    Read More

Highlighted Content