26 March 2019
The European Commission is proposing to invest €421 million in 69 key projects that will improve mobility for citizens and businesses alike. The projects selected aim at promoting digitalisation, making roads safer, and fostering multimodal connections in line with the ‘Europe on the Move’ initiatives.
EU Commissioner for Transport Violeta Bulc said: “We are delivering on the EU’s connectivity objectives. These projects, on strategic sections of Europe's transport network, will help the transition towards safe, smart, inclusive and sustainable mobility. We expect our funding to trigger €1.3 billion in total investment in the EU economy."
The largest part of the funding will be devoted to supporting multimodal logistics platforms (€109 million), which make it possible to shift freight between different transport modes. Intelligent Transport Systems for road (ITS) (€80.2 million) and innovation and new technologies (€71.4 million) closely follow, further demonstrating the EU's dedication to reducing congestion and emissions whilst at the same time increasing safety.
Selected projects include, among others:
These 69 projects will be supported via the Connecting Europe Facility (CEF), the EU's financial mechanism supporting infrastructure development and upgrade. The EU's financial contribution is made in the form of grants, with different co-financing rates depending on the project type.
The Innovation and Networks Executive Agency (INEA) has been publishing calls to finance transport infrastructure projects in Europe. The 2018 call specifically focused on transport digitalisation, road safety and multimodality. Under the CEF programme, €23.6 billion is available for grants from the EU’s 2014-2020 budget to co-fund TEN-T projects in the EU Member States. Since the launch of CEF in 2014, five calls for project proposals have been launched yearly. In total, CEF has so far supported 688 projects with a total of €22.9 billion.
The Commission will adopt a formal decision, after which INEA will prepare and sign grant agreements with the beneficiaries of the individual projects by June 2019.