EU invests first part of TEN-T funding in infrastructure work
Date: 9/12/2009
Source: Europa
During the first day of the TEN-T days conference in Naples, titled: “The future of Trans-European Transport Networks: building bridges between Europe and its neighbours", European Commission Vice-President in charge of transport Antonio Tajani signed the first part of TEN-T funding decision document.
The total amount of funding allocated to TEN-T projects is 500 million Euros (£448 million) and was originally expected to be allocated over several years. However, some of the funding decisions have been brought forward as part of the Commission’s response to the economic crisis. Improving the infrastructure could serve as a catalyst for increasing economic activity.
Funding for the following projects in the UK has been announced:
- Thames Estuary dredge and reclamation works to support the integrated multi-modal London Gateway port and logistics development – increasing the depth of the London Gateway port in order to enable access of Ultra Large Container Carriers. Further information is available from the project summary page.
- A14 Corridor Traffic Management Scheme – improvement of traffic conditions along 3 heavily congested sections of the A14 by installing traffic monitoring, improved accident detection and Variable Message Signs. Further information is available from the project summary page.
- Felixstowe-Nuneaton Route Work – Increasing capacity of rail haulage to meet expected demand. Further information is available from the project summary page.
A list of projects in other European countries can be seen on the European Commission Transport’s website.
In total, funding for projects in 11 European countries has been announced so far. Further announcements are expected later this year of a second group of projects that are set to benefit from TEN-T funding.
ITS Radar International will continue to monitor TEN-T funding
Keywords: European Commission, Policy, Traffic management
