Significant EU funds are available for investment in the European rail system, UNIFE advocates at the EU and Member State level for the proper absorption and investment of these available funds in rail
A great deal of funding is available for the rail sector from various programmes of the European Union. Efficient absorption and use of this EU funding is essential as financial constraints have put severe restrictions on the amount of public money that national governments are able to invest in the rail networks, although the situation very much differs from one country to another. Cooperation and information sharing amongst all rail stakeholders is crucial to achieving the best absorption use of the funds available.
Currently, EU funds come from a variety of sources, such as the Trans-European Networks programme and its related financial instrument, the Connecting Europe Facility, Structural Funds and Cohesion Funds as well as the European Fund for Strategic Investments (EFSI) as a part of the so-called Juncker Investment Plan. These EU funds are often supplemented by private investors or national governments.
UNIFE cooperates with other rail stakeholders as well as the European Commission’s DG MOVE and REGIO to make sure that a significant share of EU funds remain available for rail projects and are used as efficiently as possible.
For more information, please contact:
Public Affairs Manager
+32 2 642 23 20