As of January 2014, the European Union has a new transport infrastructure policy that connects the continent between East and West, North and South. This policy aims to close the gaps between Member States' transport networks, remove bottlenecks that still hamper the smooth functioning of the internal market and overcome technical barriers such as incompatible standards for railway traffic. It promotes and strengthens seamless transport chains for passenger and freight, while keeping up with future technological trends. This policy is vital for Europe to re-boost its economy and to generate new jobs. The, budget of €26 billion up to 2020, in combination with funds from other EU sources and the EIB, should significantly stimulate investments and ensure a successful implementation of the new infrastructure policy.
Transport Ministers meet on TEN-T policy, 16-17 September 2014, Milan, Italy
On 16 and 17 September 2014, EU Transport Ministers met in Milan, Italy, to discuss how to make the most effective use of core network corridors and how to tackle the investment challenges of the new core network. Discussions were based on the document "Building Infrastructure to strengthen Europe's economy [562 KB] " prepared by the Italian Presidency. Commission Vice-President Siim Kallas spoke on planning and governance of TEN-T corridors as well as on policy and funding instruments for TEN-T corridors.
The former Commission Vice-President Henning Christophersen recalled strength and weaknesses of the past 20 years of TEN-T policy and called upon all actors to take up the enormous and rewarding challenges of the future.
Five European Coordinators were given the floor at the Ministerial meeting to speak about their experiences so far and their ideas for the future – both on governance and on financing.
Two working papers prepared by coordinators were distributed to Ministers:
- The Core Network Corridors progress report of the European coordinators
- Attracting investments towards transport infrastructure - potential lines for action [892 KB]
All contributions from the side of the Commission and the European Coordinators were greatly appreciated by the Ministers in their discussion and taken up in many statements. The Italian Presidency summarized the proceedings in a report [477 KB] .
Transport Council, 3 December 2014, Brussels
On 3rd December 2014, the Transport Council adopted Conclusions on Transport Infrastructure and the Trans-European Network .
Transport Council, 11 June 2015, Luxembourg
Former Vice-President Christophersen, European Coordinators Professors Bodewig and Secchi presented their final report [800 KB] to the TTE Council on 11th June 2015 in Luxembourg: Presentation [139 KB] .
Study "The cost of non-completion of the TEN-T"
A study, carried out on behalf of the Commission and completed in June 2015, shows that the completion of the TEN-T core network can generate, until 2030, a cumulative GDP increase of 1.8% and 10 million of additional jobs.