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Tuesday, October 25, 2016

EU Grants Support Key Infrastructure Projects

March 29, 2012

The European Commission announced today the projects selected to receive over €160 million in EU co-financing from the trans-European transport network (TEN-T) program to continue improving transport infrastructure across the EU.

The 26 selected projects will use the EU’s financial support to speed up the implementation of important priorities of the TEN-T Programme in order to contribute to delivering a safe, competitive and efficient transport infrastructure network.

The 2011 Multi-Annual Program Call granted €161.3 million in total funding and aimed to finance the highest priorities of the TEN-T network, focusing on three fields: Motorways of the Sea (MoS - TEN-T Priority Project 21), providing viable alternatives for congested roads by shifting freight to sea routes – 7 projects selected, €47.8 million in fund; River Information Services (RIS), involving traffic management infrastructure on the inland waterway network – 4 projects selected, €10.2 million in funding; European Rail Traffic Management System (ERTMS) – 15 projects selected, €103.3 million in funding.

The TEN-T Executive Agency, which is entrusted with the financial and project management of the TEN-T program, received 47 eligible proposals. Twenty-six of these were selected, after a meticulous selection procedure, as the ones best meeting the criteria set out in the 2011 Multi-Annual Call, which was published on June 28, 2011.

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