By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Key EU transport network projects set to miss 2030 targets
Share
Notification Show More
Latest News
Qatar Football Festival 2026 set to take place this March
Sports
Oman participates in international Islamic conference in Egypt
Gulf
Saudi Arabia to launch SUSTAIN Platform to accelerate AI-enabled cross-sector collaboration for sustainable development
Gulf
Qatar Chamber discusses fostering cooperation with Arab Federation for AI
Gulf
“Avatar Fire and Ash” tops North American box office for 5th consecutive weekend
Entertainment
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > World > Key EU transport network projects set to miss 2030 targets
World

Key EU transport network projects set to miss 2030 targets

News Room
Last updated: 2026/01/19 at 4:57 PM
News Room
Share
5 Min Read
SHARE

Key transport projects across the European Union, designed to enhance connectivity for people and goods by 2030, are significantly behind schedule despite €15.3 billion in EU funding since 2020. A new report from the European Court of Auditors (ECA), published Monday, reveals substantial delays and escalating costs are jeopardizing the bloc’s ambitious infrastructure goals. These setbacks threaten to undermine Europe’s economic competitiveness and climate objectives.

The delays stem from a combination of factors, including the COVID-19 pandemic and Russia’s invasion of Ukraine, which triggered a surge in energy and construction prices. The Trans-European Transport Network (TEN-T) legislation, adopted in 2013, aimed to modernize and integrate Europe’s transport infrastructure, but progress has been hampered by these unforeseen challenges and, according to the ECA, insufficient oversight.

Major Cost Overruns Plague EU Transport Projects

The ECA assessed eight megaprojects and found an overall real cost increase of 47% against original estimates. Data from 2025 indicates costs have now risen to over 82%, with Rail Baltica, connecting the Baltic states, and the Lyon-Turin rail link, connecting Italy and France, contributing most significantly to the budget gaps. Construction costs for the Canal Seine Nord Europe have tripled since the project’s inception.

Auditors found the European Commission’s supervision of member states’ progress on core network corridors “remained distant.” The report argues the Commission should have been more proactive, particularly in light of a 2020 ECA report that already flagged major delays and weaknesses in oversight. The ECA provided recommendations to improve financial management of EU co-funding for these large-scale projects.

Impact on EU Goals

Failure to deliver the TEN-T network on time and within budget has serious implications for the EU’s 2030 targets. Efficient transport is crucial for Europe’s economy and its ambition to achieve climate neutrality by 2050. Delayed rail, waterway, and clean infrastructure projects contribute to higher emissions and increased costs for businesses and consumers.

Fragmented and inefficient transport networks also reduce trade opportunities across the EU. The Basque Y railway line, initially slated for completion in 2010, is now expected no earlier than 2030. The Lyon-Turin rail link’s opening is forecast for 2033, significantly delayed from its original 2015 target. The Brenner Base Tunnel is now expected in 2032, pushed back from 2016.

A History of Delays and Revisions

The TEN-T initiative was first proposed in the early 1990s to strengthen the internal market and improve connectivity. Initial guidelines were adopted in 1996, focusing on priority cross-border infrastructure projects. The policy has undergone several revisions to address gaps and technical fragmentation, particularly in rail and waterways. A major reform in 2013 established a two-layer structure with completion targets for 2030 and 2050.

The latest revision in 2024 aimed to align the TEN-T with the European Green Deal and defense goals. However, concerns remain about member states’ commitment to shared European goals, with national priorities potentially taking precedence.

Completing the TEN-T requires substantial investment. The Community of European Railway and Infrastructure Companies (CER) estimates a need for €500 billion by 2030 and €1,500 billion by 2050. The CER has called for increased funding through the Connecting Europe Facility, the EU’s dedicated funding instrument, suggesting a minimum of €100 billion for the next long-term EU budget plan (2028-2035).

The ECA’s report serves as a stark warning about the challenges facing the TEN-T. Looking ahead, increased Commission oversight, stronger coordination with member states, and sustained investment will be critical to getting these vital infrastructure projects back on track and realizing the EU’s vision for a fully connected and sustainable transport network. Stakeholders should monitor progress closely and advocate for the necessary resources to ensure the 2050 targets remain achievable.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room January 19, 2026
Share this Article
Facebook Twitter Copy Link Print
Previous Article ADRL: New champions emerge in exciting second round
Next Article “Avatar Fire and Ash” tops North American box office for 5th consecutive weekend
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Qatar Football Festival 2026 set to take place this March
Sports January 19, 2026
Oman participates in international Islamic conference in Egypt
Gulf January 19, 2026
Saudi Arabia to launch SUSTAIN Platform to accelerate AI-enabled cross-sector collaboration for sustainable development
Gulf January 19, 2026
Qatar Chamber discusses fostering cooperation with Arab Federation for AI
Gulf January 19, 2026

You Might also Like

World

EU seeks to de-escalate Greenland crisis and prepares tariff fightback

January 19, 2026
World

Watch: Will Trump’s trade war affect your job and your wallet?

January 19, 2026
World

Europe Today: EU-US trade war looms as Davos week begins

January 19, 2026
World

Brussels urges MEPs, EU states to approve €90 billion loan for Ukraine

January 19, 2026
World

Cyprus sceptical of reopening talks with Putin as peace talks progress

January 19, 2026
World

Pressure mounts to add Iran’s Revolutionary Guards on EU terror list

January 18, 2026
World

Pressure grows for EU to deploy trade bazooka against Trump’s threats

January 18, 2026
World

Who’s most likely to suffer an alcohol-related fatal injury in Europe?

January 18, 2026
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?