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    Home » EU to invest EUR 421m in smart, green transport projects

    EU to invest EUR 421m in smart, green transport projects

    npsBy nps28 March 2019 No Comments2 Mins Read
    — Filed under: Environment EU News Headline2 Transport
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    EU to invest EUR 421m in smart, green transport projects

    Photo by mattbuck

    (BRUSSELS) – The EU Commission is proposing investment of EUR 421 million in projects promoting digitalisation and fostering intelligent, safe and sustainable finance transport infrastructure projects in Europe.

    “These projects, on strategic sections of Europe’s transport network, will help the transition towards safe, smart, inclusive and sustainable mobility,” said Transport Commissioner Violeta Bulc, who expects the projects to trigger EUR 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:

    • A new multimodal, integrated and mobile ticketing platform for the Lisbon metropolitan area
    • A new rail wagon design facilitating the switch between the track gauges used in Spain and elsewhere in Europe.
    • A platform for testing and implementing intelligent transport services across the EU, which brings together 18 Member States, contributing to C-Roads.

    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.

    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 now has to adopt a formal decision, after which INEA will prepare and sign grant agreements with the beneficiaries of the individual projects by June 2019.

    Commission memo

    Proposal for the selection of projects

    Country factsheets on the 2018 CEF Transport call:

    Belgium

     

    Bulgaria

     

     

    Czechia

     

     

    Denmark

     

     

    Germany

     

     

    Estonia

     

     

    Ireland

     

     

    Greece

     

     

    Spain

     

     

    France

     

     

    Croatia

     

     

    Italy

     

     

    Cyprus

     

     

    Latvia

     

     

    Lithuania

     

     

    Luxembourg

     

     

    Hungary

     

     

    Netherlands

     

     

    Austria

     

     

    Poland

     

     

    Portugal

     

     

    Romania

     

     

    Slovenia

     

     

    Slovakia

     

     

    Finland

     

     

    Sweden

     

     

    United Kingdom

     

     

    Connecting Europe Facility

     

     

    INEA – Innovation and Networks Executive Agency

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