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Structural actions in support of transport

Transport brings people and economies together, making it possible to create new hubs of development in areas that used to be isolated. It is of paramount importance in enabling all Europeans to benefit from the single market.

The achievement of a quality and sustainable European transport network is therefore closely linked to regional development.

Regional policy provides support for transport in the Member States through :

  • the ERDF (European Regional Development Fund), under development strategies prepared by the States and regions: during the previous financing period (1994/1999), around € 15 billion in ERDF funds were spent on developing transport in Europe;
  • the Cohesion Fund: from 1994 to 1999, € 8 billion were invested in transport projects in the Union's least developed countries.

In the applicant states, ISPA (Instrument for Structural Policies for Pre-accession) allocates about half its funds for transport projects.

The Structural Funds helped make possible the construction of Spata airport in Greece and the Vasco de Gama bridge in Portugal

Inforegio

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