64 railway projects received over EUR 1.6 billion funding under the 2019 CEF Transport call which has allotted a total of EUR 2.2 billion to 140 key transport projects. It is expected that all these funded transport projects would generate EUR 5 billion in investments.
EUR 1.6 billion were allotted to 55 rail infrastructure projects and 9 ERTMS received a EUR 49.8 million funding under the 2019 CEF Transport call. The ERTMS projects includes locomotives upgrades as well as trackside deployment to create the unified European train control system that will boost safety, decrease travel times and optimise track usage.
Austria, Belgium, Bulgaria, Czech Republic, Germany, Denmark, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Italy, Luxembourg, Netherlands, Poland, Romania, Sweden, Slovenia and Slovakia are the 21 EU countries which have received the European funding for the railway projects.
In addition, CEF funding was also provided for cross border railway projects between Germany and Austria, Italy and Austria, Germany and Czech Republic – the Dresden-Prague project and the Baltic States were awarded a total funding of EUR 184 million for the Rail Baltica project.
“The type of projects we invest in ranges from inland waterways transport to multimodal connections, alternative fuels to massive railway infrastructure. The Connecting Europe Facility (CEF) is one of our key instruments in creating a crisis-proof and resilient transport system – vital now and in the long run,” EU Commissioner for Transport Adina Vălean said.
Ten out of the 140 projects are among the first to be selected under the new and innovative Connecting Europe Facility Transport Blending Facility rolling call, a specifically devised instrument to blend private funding with EU support, helping to fund European projects through a mix of private and public investment.
Under the CEF programme, €23.2 billion is available for grants from the 2014-2020 budget to co-fund Trans-European Transport Network projects in the EU Member States. Since 2014, the first CEF programming year, six waves of calls for project proposals have been launched. In total, CEF supports 794 projects for a total amount of EUR 21.1 billion in the transport sector.