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Corridors Herald Ruijters, Head of Unit for Trans European Network, DG Mobility and Transport Brussels, 29 November 2012.

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Presentation on theme: "Corridors Herald Ruijters, Head of Unit for Trans European Network, DG Mobility and Transport Brussels, 29 November 2012."— Presentation transcript:

1 Corridors Herald Ruijters, Head of Unit for Trans European Network, DG Mobility and Transport Brussels, 29 November 2012

2 Outline Transport Policy White Paper Multi modal corridors
EU added value Management of the corridor Greening TEN-T corridors Rail Freight Corridors In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E

3 Multi modal corridors Modal integration:
optimal use multi modal infrastructure (nodes) Interoperability and other standards including intelligent transport systems, innovative infrastructure In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E

4 EU added value International cooperation and coordinated implementation Cross-border Environmental aspects and bottlenecks have to be taken into account In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E

5 Management Managerial structures Efficient and effective coordination
Multi level management involving all stakeholders Efficient and effective coordination Investment plan Long term perspective In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E

6 Greening the TEN-T corridors
Integrate green initiatives for multi modal corridors Identify and evaluate key performance indicators, contributing to effective greening (in particular CO2 reduction and service quality) Integrated approach (including above cited aspects such as interoperability, standards, urban nodes, passenger and freight flows) First results available by 2014 In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E

7 Rail Freight Corridors
Regulation 2010/913 studies managerial structures terminals dissemination In 2004 it was estimated that to complete the 30 priority axis by 2020 €225 billion is needed, however the latest estimates show that the total cost will be around €251 billion. The finalisation of the whole TEN – T network by 2020 would cost €600 billion On the other hand for the period 2007 – 2013 only €8 billion is allocated to the TEN – T out of the TEN budget. The consequence is that: There is a need to look for alternative ways of financing the other TEN – T infrastructure: Structural (€ 24 billion for the period 2007 – 2013) and Cohesion Funds (€31 billion for TEN T in the period 2007 – 2013) European Investment Bank (about € 54 billion for the period 2007 – 2013) PPP: Two options: Covering of the revenue / demand risk: The Commission and EIB are working on a guarantee instrument that will provide security for standby credit facilities aimed at covering post construction risks during the early operational phase. The objective of this instrument would be reducing one of the main obstacles to private sector participation in transport infrastructure investments - low private sector appetite to assume initial traffic revenue risk. Covering Availability risk (availability of the service or the quality of the service). Note: total TEN budget about billion of which: 8.01 billion for TEN-T 115 million for TEN-E


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