Innovation and Networks Executive Agency

INEA welcomes Member States approval of €13.1 billion investment plan in transport

Creation date: July 10, 2015

Today the EU Member States, represented in the Connecting Europe Facility (CEF) Coordination Committee, approved the allocation of €13.1 billion to support a total of 276 projects selected following the first transport calls for proposals under the CEF, published in 2014.

 


Transport Commissioner Violeta Bulc said "I am very pleased that following constructive discussions in the CEF coordination committee, the Member States approved our proposal for the largest investment plan ever made by the EU in the transport area. The projects we selected will contribute to creating jobs and boosting growth in Europe. They will ensure smooth transport flows for passengers and contribute to our economic competitiveness."

 


The 2014 CEF transport calls were the largest to date for TEN-T projects, attracting over 700 project proposals.  The Commission has prioritised projects with the highest European added value, ranging from small studies to enhance the environmental performance of transport to flagship cross-border infrastructure works such as the Brenner Base Tunnel or the Fehmarn Belt. Whatever their size or location, the selected projects, which span across all modes of transport and EU Member States, will upgrade infrastructure and remove existing bottlenecks whilst also promoting intelligent transport solutions and alternative fuels.

 


Commissioner Violeta Bulc had already unveiled the Commission's plan at the end of June 2015.

 


Next steps:
The proposed funding decisions must now be formally adopted by the Commission, which is expected to occur before end July. The individual project grant agreements will be prepared by the Innovation and Networks Executive Agency (INEA) and signed with the project beneficiaries thereafter. It is expected that the EU funding for the selected projects will start being allocated as of the last quarter of 2015.

 


The projects will then be monitored by INEA in coordination with the project beneficiaries.

 

Background
Under the Connecting Europe Facility (CEF), €24.05 billion will be made available from the EU’s 2014-2020 budget to co-fund TEN-T projects in the EU Member States. Of this amount, €11.305 billion will be available only for projects in Member States eligible to benefit from the Cohesion Fund. Annual and multi-annual work programmes specify the set of priorities and the total amount of financial support to be committed for each of these priorities in a given year. 2014 has been the first programming year under the CEF.

 


For more information:
Brochure on selected projects under the 2014 CEF Transport Calls