Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home»Finance

    EUR 6.2 bn EU funds for key sustainable transport projects

    npsBy nps23 June 2023 Finance No Comments2 Mins Read
    — Filed under: EU News Headline2 Transport
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Brenner Pass - Photo by Ilse on Unsplash

    Brenner Pass – Photo by Ilse on Unsplash

    (BRUSSELS) – 107 transport projects are to receive over EUR 6 bn in EU grants from the Connecting Europe instrument for strategic investment in transport infrastructure, the Commission announced Thursday.

    Over 80 per cent of the funding will support projects that deliver a more efficient, greener, and smarter network of railways, inland waterways and maritime routes along the trans-European transport (TEN-T) network. Projects will in addition bolster the EU-Ukraine Solidarity Lanes, set up to facilitate Ukraine’s exports and imports.

    The 107 projects were selected from a total of 353 submitted in response to the call for proposals, published in 2022. The EU funding will take the form of grants, which will be used to co-finance total project costs.

    Major cross-border rail connections along the TEN-T core network have been also prioritised for funding. These include notably the Brenner Base tunnel (linking Italy and Austria), Rail Baltica (connecting the three Baltic States and Poland with the rest of Europe), as well as the cross-border section between Germany and the Netherlands (Emmerich–Oberhausen), among others.

    Maritime ports in Ireland, Greece, Spain, Latvia, Lithuania, the Netherlands and Poland will receive funding for developing on-shore power supply to reduce greenhouse gas emissions from moored vessels.

    To help make inland waterway transport future-proof, infrastructure along the Seine-Scheldt cross-border waterways between France and Belgium will be modernised. Inland ports on the Danube and the Rhine basins, such as Vienna and Andernach, will also receive an upgrade.

    To further increase the safety and interoperability of EU rail transport, the European Rail Traffic Management System (ERTMS) will be installed on trains and railway lines in Czechia, Denmark, Germany, France, Austria and Slovakia. On roads, several EU Member States will deploy Intelligent Transport Systems and Services (ITS), in particular cooperative ITS (C-ITS) for safer and more efficient transport. Several Member States will get support to European air traffic management projects, with a view to increasing efficiency in air transport and creating a Single European Sky.

    List of Awarded projects

    Q&A on CEF Transport call for proposals 2022 results

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    Council agrees reform of EU VAT rules for the digital age

    Eurozone Economic Calendar

    One step closer towards a Single VAT Registration in the EU

    Funding Opportunities in the European Union

    Guide to accessing EU funding and tenders

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok