Transport: EU Grants and Loans
(asked on 29th April 2016) - View Source
Question to the Department for Transport:
To ask the Secretary of State for Transport, what estimate he has made of the total value of loan and grant funding from EU institutions for transport projects in the UK in the last 10 years.
The European Budget has a number of mechanisms for providing grant funding to transport projects including the Connecting Europe Facility (CEF), European Regional Development Funding (ERDF) and the Horizon 2020 Research Programme. The Department has responsibility for UK involvement in the Transport component of the Connecting Europe Facility (CEF) and its predecessor the Trans- European Transport Network (TEN-T). ERDF and the Horizon 2020 programmes are the responsibility of the Department for Business, Innovation and Skills.
From 2006 – 2013 the UK was involved in 53 projects that were awarded over €280 million in funding from the TEN-T programme.
Since the start of the CEF in 2014 the UK has been involved in 30 projects that were awarded around €190 million in funding.
A full list of transport projects (involving UK participants) that have been awarded funding from the CEF and the TEN-T programme is available on the Innovation and Networks Executive Agency web-site:
TEN-T
https://ec.europa.eu/inea/ten-t/ten-t-projects/projects-by-country/united-kingdom
CEF
The web-site includes an overview of the project, the participants, the implementation schedule and the amount of funding awarded.
Information on loans made to UK transport projects by the European Investment Bank (EIB) is available on their website.
http://www.eib.org/projects/loans/sectors/transports.htm