Atlantic Corridor TrendLine

Description

“The Atlantic Corridor stretches from the ports of the Atlantic flank of the Iberian Peninsula to the ports of Le Havre, Brest and Nantes in Northern France, and cities of Strasbourg and Mannheim on the French/German border. The corridor’s railway component will feature new high-speed rail links and parallel conventional lines, providing for cross-border continuity between Lisbon, Madrid, Porto, Vigo, Paris, Strasbourg, Mannheim and Le Havre. The corridor has strong multimodal dimensions, utilising rail, road, inland waterway and maritime routes. Key projects for the corridor include the Basque Y rail connection and a new high-speed rail connection between Madrid and Lisbon.” (European Commission) “The corridor alignment is defined by Regulation 1316/2013 in its annex as follows: - Algeciras – Bobadilla – Madrid - Sines / Lisboa – Madrid – Valladolid - Lisbon – Aveiro – Leixões/Porto - Aveiro – Valladolid – Vitoria – Bergara – Bilbao/Bordeaux – Paris – Le Havre/Metz – Mannheim / Strasbourg” (Work Plan of the European Coordinator Carlo Secchi 2020: 5) “CEF Transport funding for actions in the Atlantic Corridor was initially3 €1.65 billion, corresponding to €4.15 billion in eligible costs. Following amendments and closures, the funding going to this Corridor is €1.33 billion, corresponding to €3.3 billion in eligible costs.” (CEF 2020: 21) References - https://transport.ec.europa.eu/transport-themes/infrastructure-and-investment/trans-european-transport-network-ten-t/atlantic-corridor_en - European Commission: Innovation and Networks Executive Agency, CEF support to Atlantic corridor, Publications Office, 2020, https://data.europa.eu/doi/10.2840/65797 - https://transport.ec.europa.eu/document/download/c5d21f23-6d66-4214-a752-a983b988f470_en?filename=1st_workplan_atlantic.pdf

Finance