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."
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