The European Commission (EC) will launch two calls for proposals under the Trans European Transport Network (TEN-T) framework. According to the document, the Commission has made EUR1.26 billion (US$1.64 billion) available, “to finance European transport infrastructure projects in all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent transport systems (ITS), and all EU Member States.” Siim Kallas, the Commissioner for Mobility and Transport, said, “In making this considerable amount of funding available, the Commission aims for a competitive relaunch of the European economy, to sustain and support growth. By directing this money to TEN-T infrastructure, we are also continuing to help the realization of the entire TEN-T network; bringing a tangible benefit to all European businesses and citizens, who will reap the rewards of a more efficient, sustainable and effective European transport system.”
The Trans European Transport multi-annual program will focus on six areas of activity, with approximately EUR1.015 billion (US$1.32 billion) of funding being made available. The breakdown of the new funding is: the 30 TEN-T Priority Projects will get EUR725 million (US$943 million); the European Rail Traffic Management Systems (ERTMS) have been allocated EUR100 million (US$130 million), which will enable European interoperability on the rail network; EUR10 million (US$13 million) is going to River Information Services (RIS), involving traffic management infrastructure on the inland waterway network; Air Traffic Management (ATM) gets EUR50 million (US$65 million) for implementing the Single European Sky and ATM modernization objectives; EUR80 million (US$04 million) is being invested in the Motorways of the Sea (MoS) program to provide viable alternatives for congested roads, by shifting freight to sea routes; and Intelligent Transport Systems (ITS), will receive EUR50 million (US$65 million) for implementing the European Electronic Toll Service (EETS), promoting inter-modality and improvement of the safety and reliability of the road network.
The Trans European Transport annual program work is supplementary to the multi-annual projects and has been allocated EUR250 million (US$325 million) of funding for four distinct priorities. The four areas of investment are: acceleration/facilitation of the implementation of TEN-T projects, which gets EUR150 million (US$195 million); measures to promote innovation and new technologies for transport infrastructure and facilities that contribute to de-carbonization or the reduction of external costs in general gains EUR40 million (US$52 million); funding of EUR25 million (US$32.5 million) will give support to Public-Private Partnerships (PPPs) and innovative financial instruments; and an indicative budget of EUR35 million (US$45.5 million) will give support to the long term implementation of the TEN-T in particular corridors.
For more information, see http://www.traffictechnologytoday.com/news.php?NewsID=44920.