Political Economy


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Swedish infrastructure improvement obtain billions in funding from the  EU

Monday, 15 July 2013
Swedish infrastructure projects have been given a strong boost from an EU contribution of over Skr2.6 billion in funding.

sweden's transport network














 Goteborg central station, Sweden.

Swedish Minister for Infrastructure, Catharina Elmsäter-Swärd told Swedish television news on Monday of the happy development and how the money will be used.
More than a billion of that money will go directly to Trafikverket or the Swedish transport administration, which it is expected will be used for new investments in the country's infrastructure.

Nearly a fifth of all EU funds and grants awarded under the trans-European transport network has gone to Sweden according to the EU Commission's proposal. A total of over Skr2.6 billion is awarded for about 21 infrastructure projects in which Swedish players are included.

Examples of projects receiving EU money is Hallandsås project, the construction of Marieholmsvägen Bridge in Gothenburg and terminal extension of Värtan - a strait in Stockholm, Sweden separating mainland Stockholm from the island and municipality Lidingö, in Stockholm.
by Scancomark.com Team

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