Transport infrastructure: the Connecting Europe Facility and the Trans-European Transport Network
- A well-functioning and EU-wide transport infrastructure network is important to connect European regions and for the proper functioning of the EU’s internal market. To this end the timely completion of the Trans-European Transport Network (TEN-T) is vital for Europe’s transport infrastructure network to cope with the expected increase in demand for transport services over the coming decades.
- The renewal for the Connecting Europe Facility (CEF) beyond 2020 for the period 2021-2027 is therefore most welcome. However, considering the estimated heavy financial needs for achieving its objectives the budget allocated to transport infrastructure should be more ambitious.
- Public-private partnerships should play an increasingly important role in this regard as they can enable a faster and more flexible delivery of transport projects. Furthermore, emphasis of the CEF beyond 2020 should remain on projects with highest EU added value such as cross-border connections, missing links, and bottlenecks.
- The Commission’s initiative to streamline national procedures for implementing projects of common interest on the core network of the TEN-T will reduce delays encountered during the implementation of TEN-T infrastructure projects. Public funds will more effectively reach the market and the participation of private investment will be facilitated.