Baltic-Adriatic Corridor European Coordinator Prof. Kurt Bodewig Hearing in the European Parliament Brussels, 20 June 2017

Corridor characteristics 6 Member States Nodes: 13 urban nodes 13 airports 10 ports 24 RRT Networks: Rail and road 16 cross-border sections (9 rail, 7 road)

Compliance projection by 2030 (rail) With minor exceptions, investments are already planned to reach overall compliance by 2030 National bottlenecks High compliance already now with regard to gauge (100%), axle load (92%) and electrification (99%) Investments needed in particular to comply with line speed, train length & ERTMS Modernisation of railway lines needed particularly in PL and SI Six rail cross-border sections require particular attention towards achievement of TEN-T policy objectives and standards Missing links (Koralm and Semmering) on time - due to come into operation in 2024 and 2026 respectively

Major achievements of 2016 Significant progress made with regard to the development of the six critical rail and two critical road cross-border sections Bilateral agreements have been found and signed for all cross-border projects in form of MoU and Letters of Intent amongst Member States and/or infra managers Process stimulated through a series of "cross-border dialogues", bringing together key stakeholders from local, regional and national level, infra managers and EIB/Jaspers, DG REGIO…

Investments needs 535 projects with a total investment volume of 74.5 bn EUR planned along Corridor to reach full compliance with TEN-T standards whereof 36 bn EUR for 140 rail projects 44% of investment volume covered by approved funds/finances; 56% for work plan priority projects 1.92 bn EUR CEF grants for 40 projects on Baltic-Adriatic Corridor (around 84% for rail projects) Continous discussion with EIB on BAC projects that are potentially suitable for financial instruments / EFSI Projects mainly on ports, airports and roads as well as innovation

Update on the CBS Report European Coordinators Prof. Bodewig and Prof. Secchi Hearing in the European Parliament Brussels, 20 June 2017

How to bridge the funding gap? Investment needs 750 bn EUR ≠ Funds available Across the EU, the demand for investments is much higher than the available funding Transport and mobility sectors must find new ways to finance infrastructure to remain competitive

Outlook: CBS Progress Report Progress report on CBS recommendations: Close follow-up of the twelve recommendations Review of measures taken so far Recommendations of what still needs to be done First draft to be discussed at "Connecting Europe" Conference in September 2017 Final report to be issued by end 2017

Thank you for your attention! Mobility and Transport