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Extra money needed for Connecting Europe Facility (CEF)

Date: 21/07/2016

At the beginning of June, 25 European transport-related organisations launched an appeal to free up more European money for investments in transport. This widely supported request (railway, inland shipping, ship owners, ports, shipping agents, road transport companies...) does not only form part of a wider discussion on the EU's financial multiannual plan 2014-2020, but is also a response to a drop in the CEF budget from 33.2 to 30.4 billion euro (Juncker plan and setting up the European Fund for Strategic Investments (EFSI)).

The request emphasises the importance of Ten-T and the expansion of infrastructure. Private investments may help but are not an option for all projects, which causes delays, with some projects not being realised at all.

The Commission's response was that for the CEF Call 2015 (launched in November 2015) the budget would be raised to 6.7 billion euro for a total of 195 selected projects. Additional co-financing would also be possible, making a total sum of 9.6 billion euro available for investments in transport and infrastructure.

14 projects were selected for Belgium from the CEF Call 2015, with a 61.3 million euro grant put aside for them. The biggest part of this will be spent on aviation and railway projects.

Source: www.europa.eu

 
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