New TEN-T grants
01 May 2008
The European Commission has granted € 620 million for the assessment and construction of Trans-European Network Projects (TEN-T). More than 65% has been allocated to rail projects, with 20% going to intelligent transport systems that further interoperability between the rail and air travel sectors.
Some € 515 million of the total has been allocated to projects already identified in the 2001 – 2006 Multiannual Indicative Programme, which mainly covers the core group of 30 priority TEN-T schemes. Projects and studies receiving significant support include Galileo, the new Perpignan – Figueras rail link, the Lyon – Turin link and the Brenner alpine rail crossing.
More than half the funds are to support construction work (up to a maximum of 10% of the full costs). The remainder is for pre-construction studies and other formalities required to gain planning permission. These can be funded by up to 50% of the total costs.
