FUNDING

• General:
In the context of EU policy, the TEN-T network is supported through different Programmes. In that respect, projects on this network are eligible to receive EU grants, as a rule in a form of co-financing, notably from the TEN-T Programme (Multi-Annual Work Programme and Annual Work Programme), Cohesion funds, ERDF and the Research Framework Programme. However, it is not possible for the same project to receive grants from more than one EU funding source. TEN-T projects may also benefit from loans and guarantees from the European Investment Bank (EIB).

The 31.7 billion euros allocated to transport under the Connecting Europe Facility of the MFF (Multi-Annual Financial Framework) will effectively act as "seed capital" to stimulate further investment by Member States to complete difficult cross-border connections and links which might not otherwise get built. Every 1 million euros spent at European level will generate 5 million from Member State governments and 20 million from the private sector.

For more information about TEN-T, visit
"http://ec.europa.eu/transport/infrastructure/revision-t_en.htm"

• Trans-European Transport Network Executive Agency (INEA):
The Trans-European Transport Network Executive Agency (INEA), established by the European Commission, is responsible for managing the technical and financial implementation of the Trans-European Transport Network (TEN-T) programme, one of the most important means of infrastructure funding. Its mission is to support the European Commission and TEN-T project managers and promoters, by ensuring the technical and financial management of the projects and the successful implementation of the TEN-T Programme.

For more information about the Agency, visit
"http://tentea.ec.europa.eu/en/home.htm"

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