The European Investment Bank (EIB) will provide a loan of EUR 250 million for the construction, financing, operation and maintenance of the A10/A24 motorway in the German State Brandenburg. In particular the project comprises the widening from 4 to 6 lanes of a 29.6km section of the A10 between Havelland and Pankow as well as the reconstruction of a 29.2km section of the four lane A24 between Neuruppin and Kremmen. The project furthermore entails the maintenance and operation of an additional 5.4km section of existing road connecting the two motorways. The EIB loan was made possible by the European Fund for Strategic Investments (EFSI). EFSI is the main pillar of the Investment Plan for Europe (IPE), under which the EIB Group and the European Commission are working together as strategic partners to boost the competitiveness of the European economy.
Today, the Commission adopted the report on the mid-term evaluation of the Connecting Europe Facility (CEF). The evaluation assessed the programme’s overall performance in light of its objectives, and what has been achieved to date. Regarding transport financing, the report recognises that CEF has brought a clear added value, in particular for the completion of the TEN-T core network by 2030 and for the low-emission mobility ambition.
INEA has received 204 project proposals by the deadline for 9 topics under the Mobility for Growth call. The total indicative budget is €155 million. Successful projects are expected to demonstrate innovative solutions towards low-carbon and sustainable transport, as well as contribute significantly to transport safety, and to the development of advanced technological capabilities in transport. In total, nine topics were open for application for this stage of the call (see table below).
The Community of European Railway and Infrastructure Companies (CER) calls upon policymakers to increase the CEF transport budget in the post-2020 Multiannual Financial Framework (MFF) in order to contribute to the huge financial needs of the transport sector. The resources allocated to rail transport in the next MFF will play a key role in ensuring that the transport system as a whole efficiently supports the EU’s economic growth.