null Finland applies for EU financial assistance for several transport projects

Finland applies for EU financial assistance for several transport projects

Press release 14.02.2020 12.04 fi sv en

The State of Finland and certain other actors are applying for financial assistance from the European Commission for six transport projects.

The funding is being sought from the Connecting Europe Facility (CEF). The Ministerial Finance Committee endorsed the applications on 13 February 2020. The remaining projects seeking CEF assistance will be discussed at a meeting of the Ministerial Finance Committee on 20 February 2020.

The purpose of the European Commission funding is to promote Trans-European Transport Network (TEN-T) investments.

Receiving the assistance will require national co-funding. The projects must start no later than 26 August 2020 and must be completed by 31 December 2023.

CEF financial assistance is being sought for the following projects:

- The Ministry of Transport and Communications is seeking EUR 1.94 million for planning the upgrading of the KouvolaKotka-Hamina rail link. The total budget of the project is EUR 3.88 million. This section of track is an important freight route between the ports of Kouvola and KotkaHamina on the Scandinavia-Mediterranean corridor of the TEN-T core network. The rail capacity utilization rate is high and a significant increase in rail traffic is not possible with the current infrastructure.

- The Ministry of Transport and Communications is seeking EUR 1.6 million for the development of rail traffic on the rail section OuluLaurila-Tornio-Haparanda. The total budget of the project is EUR 3.2 million. This area is an international transport corridor hub and part of the ongoing extension of the TENT core network corridor around the Bothnian Arc from Oulu to Luleå. The aim of the project is to improve the efficiency of rail transports and the competitiveness of industry as well as to facilitate the extension of passenger train traffic between Finland and Sweden.

- Finnish nonstate actors are applying for CEF financial assistance totalling EUR 12.27 million. The projects are mainly related to the need for shoreside electricity to be available at TEN-T ports by the end of 2025. Assistance is being sought for Port of Helsinki shoreside electricity projects together with the Port of Tallinn and other Baltic Sea ports. In addition, support is being sought to improve service efficiency between the ports of Naantali and Kapellskär, for example through an automatic mooring system for vessels, shoreside electricity and vessel loading ramps.

What next?

The remaining projects seeking CEF assistance will be discussed at a meeting of the Ministerial Finance Committee on 20 February 2020. The deadline for applications to the Commission is 26 February 2020.

The CEF assistance will be decided following an eligibility check of the projects. According to an indicative timeline released by the Commission, the decision on the granting of funding will be made in June–July 2020.

Inquiries:

Marjukka Vihavainen-Pitkänen, Senior Adviser, Ministry of Transport and Communications, tel. +358 295 34 2685