Connecting Europe Facility
Europe 2020 is the EU's growth strategy for the coming decade. It outlines the development blueprint for the EU to become a smart, sustainable and inclusive economy. Through the Europe 2020 Strategy, the Connecting Europe Facility has committed a €50 billion investment fund between 2014 and 2020 for transport development.
As part of the strategy, the Connecting Europe Facility was established with the objective of promoting and funding targeted infrastructure investment at a European level that will promote economic growth, job creation and increased competitiveness whilst supporting the development of high preforming, sustainable and efficient interconnected trans-European networks in the fields of transport, energy and digital services. A proposed €31.7 billion EU co-funding programme has been committed to transport projects with the expectation that this will generate close to €140 - €150 billion of investment within EU member states.
The Maritime Dimension
One of the central objectives within the Connecting Europe Facility and blueprint to 2020 is to concentrate on cross-border or high added-value projects within the EU transport network. Maritime logistics as a model offers one of the most economic and energy efficient supply chain solutions for moving freight and passengers throughout European member states. There are a number of maritime and port infrastructure applicable funding programmes under the Connecting Europe Facility
The Connecting Europe Facility interconnects with pre-existing EU transport initiatives such as the Horizon 2020 Programme for research and innovation. National maritime projects are also supported through the Cohesion and Structural Funds.
Innovation and Networks Executive Agency
The European agency that manages funding programmes available to new maritime and port infrastructures projects is the Innovation and Networks Executive Agency (INEA). INEA is the successor of the Trans-European Transport Network Executive Agency (TEN-T EA). INEA implements the relevant aspects of the following EU programmes:
- Connecting Europe Facility
- Horizon 2020 and the
- 2007-2013 legacy programmes TEN-T and Marco Polo
INEA's main objective is to increase the efficiency of the technical and financial management of the programmes it administers. INEA host a number of information days throughout the yearall funding call opportunities, information regarding these days are is publicised on the INEA website.
Irish Maritime Development Office Expertise
The Irish Maritime Development Office provides independent advice and guidance to individual port, shipping and maritime supply chain companies during all points of the project submission and assessment processes. We can provide assistance on all aspects of the process and have facilitated a number of cross-border intermodal applications during the submission stage.
If you are interested in discussing a potential project or application please contact us on +353 (0) 1 7753900 or email imdo [at] imdo [dot] ie