The European Commission has unveiled a list of 195 transport projects that will receive €6.7 billion of funding under the Connecting Europe Facility (CEF).
The investment will unlock additional public and private co-financing for a combined amount of €9.6 billion.
The selected projects are primarily located on thecore trans-European transport network (TEN-T). Among the beneficiaries are flagship initiatives such as rehabilitating the Brasov Sighisoara rail section in Romania, the railway connection Aveiro Vilar Formoso in Portugal, developing the standard gauge railway line in the Rail Baltic corridor, implementing the SESAR Deployment Programme(link is external) and modernising railway line E30 (Zabrze – Katowice – Krakow section) in Poland.
EU Commissioner for Transport Violeta Bulc said, ‘The total investment of €9.6 billion could create up to 100,000 jobs in the European economy by 2030. The projects will make European infrastructure safer, more sustainable and more efficient for passengers and business alike.’
Launched in November 2015, the second CEF calls for proposals generated 406 eligible project proposals.
With €12.49 billion of requested EU funding, the calls were widely oversubscribed.
The proposed funding decision must now be formally approved by the Connecting Europe Facility Coordination Committee, which will meet on 8 July 2016.
For more information, visit europa.eu.