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

  • Develop transport infrastructure in Central and Eastern Europe, say MEPs
    October 26, 2016
    Maximising the use of EU funding is needed to reduce disparities in infrastructure development between Central and Eastern Europe and the rest of the EU, MEPs say in a resolution voted in the European Parliament on Tuesday. The focus should be on completing the TEN-T corridors, bridging missing links, removing bottlenecks and improve connections between different modes of transport. So far most of the transport infrastructure projects planned to be financed by European Fund for Strategic Investments (EFS
    Read More
  • Economic crisis needs non-partisan perspectives to stimulate growth
    February 2, 2012
    Kary Witt, President of the IBTTA and Pat Jones, Executive Director and CEO, talk about the need to put aside partisan perspectives in order to deal with the current economic crisis
    Read More
  • Europe calls for guidance on evaluating ITS projects
    December 4, 2012
    A European Commission study report has revealed a lack of consistency or standard practice for evaluating the funding needs and fiscal performance of ITS projects. New guidelines are urgently needed for monitoring public funding of ITS schemes, says a recent report from the European Commission (EC). A specially-commissioned study has found no readily available comparative analysis of transport funding schemes and ITS investment methodologies to support project decision making. A survey of nine EU member sta
    Read More
  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
    Read More

Highlighted Content