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EU pledges €4bn for 25 infrastructure projects across continent

eu infrastructure image

The EU has announced €4bn (£3.4bn) of funding for 25 large infrastructure projects in 10 member states.

The UK is to miss out on the fund as Brexit negotiations are ongoing. 

The investment package, which has been adopted by the EU Commission, covers civil engineering projects in Bulgaria, Czechia, Germany, Greece, Hungary, Italy, Malta, Poland, Portugal and Romania.

Project areas covered include health, transport, research, environment and energy.

The Czech Republic has been given €76M (£65.5M) to finance upgrades on the rail corridor between Prague and Pilsen.

In addition, €105.5M (£91M) has been provided to Hungary for upgrades on the southern section of the Budapest ring road, with reconstructed roads, bridges and new cycle paths.

A further €1bn (£860M) has been set aside for Romania to upgrade Bucharest’s ring road by expanding several of its sections, doubling the lanes in each direction. It will also go towards the construction of a 51km section of the southern part of the Bucharest Orbital Motorway.

Poland has received €126M (£109M) to build its Szczecin Metropolitan Railway in the northwest of the country.

As part of its Cohesion Policy, the EU will also devote a total of €399M (£344M) to financing Poland’s construction of an express road linking Warsaw to Grójec, a section of the A2 motorway between Warsaw’s southern bypass and Mińsk Mazowiecki, a section of the S3 express road towards the Czech border in Lower Silesia and a section of the Olsztyn bypass in Warmińsko-Mazurskie.

EU commissioner for regional policy Corina Creţu said: “These 25 projects are many examples of how the EU is working to improve everyday life for our citizens from better drinking water to faster rail transport and modern hospitals.

“In the current budget period, I have adopted 258 large infrastructure projects worth €32bn (£27.6bn) of EU funds; they are, in a way, the ambassadors of Cohesion Policy and I’m proud of each and every one of them.”

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