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Archive
1995-10-26 DoT-001
Department of Transport
UK gets #22 million from Europe for Trans European networks
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246/94/95
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Press release
Department of Transport
UK gets #22 million from Europe for Trans European networks
The United Kingdom is to receive #22 million from Europe in funding
for Trans European Network schemes in 1995, the Secretary of State
for Transport, Sir George Young has announced. The funding package
agreed is the largest of all the Member States.
Welcoming the news, Sir George said:
"I am delighted that the United Kingdom is to receive #22 million
from Europe. The money will go to transport projects on strategic
routes across the country and represents over 15% of the total funds
available for priority projects in 1995. This is more than any other
Member State will receive from the EC fund and reflects the UK's
significant share in the TENs priority projects."
Funds will go to the following projects:
*#7 million for the West Coast Main Line
*#13.6 million to the Channel Tunnel Rail Link
*#1.6 million for schemes along the Ireland-UK-Benelux Road
Sir George added:
"The UK will also receive #360,000 for road traffic management
research and has an interest in a number of other traffic management
schemes, including a Global Navigation Satellite System, which will
together receive some #16 million of TENs funding in 1995."
Notes to Editors
1.For West Coast Main Line, Channel Tunnel Rail Link and Ireland - UK
-Benelux road link, money will go towards feasibility studies. For
the other projects, the funds will go towards development costs
including feasibility studies.
2.Sir George Young was responding to a Parliamentary Question from Mr
Richard Tracey MP (attached).
3.The development of trans European networks (TENs) is provided for
in Article 129c of the Maastricht Treaty. The funding of the
transport TENs was provided for in a Financial Regulation adopted by
ECOFIN on 18 September 1995, replacing the Transport Infrastructure
Fund. The Financing Regulation makes provision for the 1995 funds to
be allocated to "specific projects of a priority nature". Of the 240
mecu total funds available in 1995, 182.1 mecu were allocated to the
14 priority projects identified by the Essen Council, and which
include the Channel Tunnel Rail Link, the West Coast Main Line and
the Ireland- UK-Benelux Road Link.
Mr Richard Tracey (Con - Surbiton):
To ask the Secretary of State for Transport, what will be the United
Kingdom's share of the funds available in 1995 for priority projects
under the European Community's financing programme for Trans European
Transport Networks.
SIR GEORGE YOUNG
Priority projects in the United Kingdom will receive some #22
million, which is just over 15% of the total funds available for
priority projects in 1995 and more than any other Member State will
receive from the EC fund. In addition to the #7 million for the West
Coast Main Line, which I announced in the House on 18 October, the
Channel Tunnel Rail Link will receive #13.6 million and schemes along
the Ireland-UK-Benelux Road Link will benefit from #1.6 million. The
UK will also receive #0.36 million for road traffic management
research and has an interest in a number of other traffic management
schemes, including a Global Navigation Satellite System, which will
together receive some #16 million of TENs funding in 1995.
Thursday 26 October 1995 246/94/95
Department of Transport (2)
# = pounds sterling
Railnews Archive ::: 1995-10-26 DoT-001
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