TEN-T Days 2015 in RigaJune 23, 2015
Hat: TEN-T Days 2015 in Riga
Funding Scheme: 2015-06-23
Pgm2014 2020: Yes
On the 22nd and 23rd June, 12 Transport Ministers of the European Union, along with CEOs and more than 1000 transport stakeholders join in Riga to attend the transport conference on Trans-European Transport networks (TEn-T), organised by the European Commission. In the TEN-T framework, grants are provided for projects of common interest in the sector of Transport, in order to close the gaps between Member States’ transport networks.
This edition of the TEN-T Days focuses on the challenges faced by the new trans-European networks (TEN-T) in attracting innovative funding solutions.
Amongst the many results of the TEN-T Days is the signature by the Ministers of Finland, Estonia, Latvia, Lithuania and Poland of a declaration on the implementation of the Rail Baltica project, which is to become the backbone of the North Sea Baltic Core Network Corridor. Furthermore, Commissioner Bulc and Ministers of the Western Balkan States agreed on the indicative extension of the Core network and the Corridors in the Western Balkan countries. The mandate of the Corridor Coordinators will also be extended into the region.
On the occasion of the conference, the Commission also presented the results of a study on the Core Network Corridors. Key findings show that the impact of EU investment in transport infrastructure is high: 1.8% of GDP growth and 10 million jobs will be created. These positive effects on the economy and the job market will last until 2030.
On 10 July 2015, the Connecting Europe Facility (CEF) Committee will vote on the projects selected for the allocation of funds. €11.9 billion of EU funding are available to improve European transport connections.
Url description: Press room - European Commission