Brussels, Belgium (PortSEurope) October 9, 2019 – The European Regional Development Fund (ERDF) has approved a €124 million ($135.87 million) investment in the upgrade of a 16.5-km section of the Naples-Bari railway line, between Cancello and Frasso Telesino, southern Italy.
Works include the construction of two new train stops, Valle Maddaloni and Frasso Telesino/Dugenta, and doubling-up single-track rail lines to increase speed, capacity and reduce travel time, whilst improving air quality,
Commissioner for Transport Violeta Bulc said that the project will give a boost to local economies in Naples, Caserta, Benevento, Foggia and Bari. The investment responds to calls for investment in Southern Italy and links between the country’s western and eastern economic coastal centres.
The Naples-Bari route is part of the EU’s Trans-European Transport Network , on the Scandinavian-Mediterranean core corridor. The completion of the corridor, with the construction of over 9,300 km of railway, a third of which is in Italy, will connect major EU economic centres, which accounts for 20% of its GDP and approximately 15% of its total population.
The European Regional Development Fund (ERDF) is one of the main financial instruments of the EUʼs cohesion policy designed to contribute to reducing disparities between the levels of development of European regions and to reduce the backwardness of the least favoured regions. Particular attention is paid to regions which suffer from severe and permanent natural or demographic handicaps, such as the northernmost regions with very low population density as well as island, cross-border and mountain regions.
The Trans-European Transport Network (TEN-T) is a European Commission policy directed towards the implementation and development of a Europe-wide network of roads, railway lines, inland waterways, maritime shipping routes, ports, airports and rail-road terminals. The infrastructure is essential to maintaining the European Union’s competitiveness and wealth. Its 28 Member States currently have five million km of paved roads, more than 215,000 km of rail lines and 41,000 km of navigable inland waterways. The policy supports the completion of 30 Priority Projects, representing high European added value, as well as projects of common interest and traffic management systems that will play a key role in facilitating the mobility of goods and passengers within the EU.
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