EU to spend €6.2bn on tunnels, roads, rail, and ports
1 July 2023
The European Union (EU) has allocated €6.2bn for 107 new projects for the Trans-European Transport Network (TEN-T), including cross-border rail connections, ports, tunnels, and waterways.
82% of the €6.2bn will be spent on transport infrastructure that contributes to EU climate objectives.
€250m will be spent on nine projects to upgrade cross-border connections between Moldova and Ukraine and neighbouring EU states Poland, Slovakia, Hungary, and Romania.
Adina-Ioana Vălean, the EU’s commissioner for transport, said that the money will improve Ukraine’s access to “Solidarity Lanes” which provide exports.
Money also goes to large projects such as the Brenner Base tunnel, Rail Baltica, the cross-border section between Germany and Switzerland, and between Germany and The Netherlands.
Inland waterway infrastructure between France and Belgium, plus inland ports on the Danube and the Rhine basins will also be upgraded.
The European Rail Traffic Management System will be deployed on trains and railway lines of the TEN-T network in Austria, Germany, France, Denmark, Czechia and Slovakia
Funding will also go to air traffic management projects, which will boost the “Single European Sky” concept.
Paloma Aba Garrote, acting director of the European Climate, Infrastructure and Environment Executive Agency, said: “By supporting a smart and sustainable transportation system, the European Union delivers on its commitment to improving the future of its citizens.
“With these new 107 selected projects, spanning various transport modes, we reach almost €29.4bn of EU support invested since 2014 in projects implementing the EU Green Deal. The selected projects will deliver results contributing to shape a carbon-neutral continent.”
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