The New Aegean – Baltic TEN-T Corridor
Why do we need the New Aegean-Baltic TEN-T Corridor?
What is the current situation in this part of Europe?
Will there be an economic development of these EU regions through the new TEN-T Corridor passes through?
Of course. This is the end goal. After the implementation of the transport infrastructure in the new corridor, we have foreseen an economic improvement resulting in a rise in the Purchasing Power Capacity of Eastern European countries and their respective regions (currently the poorest ones in the EU) as well as certain countries which are indirectly related to the Corridor but will still have a strong benefit.
What are other advantages of the new Aegean - Baltic TEN-T Corridor?
a) Relief of heavily loaded transport infrastructure in the Central Europe
b) Reduction in shipping time and distance between MENA, the Indian Ocean Region, Southeast Asia, China, Korea, Japan and Central Europe, Eastern Europe, the Baltic Sea
c) Significant contribution to reducing greenhouse gas emissions by implementing environmentally friendly modes of transportation such as rail and inland waterways as well as alternative energy sources for transport – electricity and LNG.
What are the essential elements that make up the new Aegean - Baltic TEN-T Corridor?
1. South – North Stream Railway Line (SNS)
2. Two maritime ports (Aegean and Baltic Seas)
3. Multimodality and logistic centers (dry ports)
4. A system of missing motorways North East – South East Europe
5. Water management of the river Danube
A detailed list of the project is provided at the end of this article.
What are the Innovations in the new the New Aegean-Baltic TEN-T Corridor
Although we have an entire presentation on the topic, which can we provided to you, the first and foremost innovation is the attraction of private investments for all sub-projects part of the ABC+De and part of the Corridor.
The intention is to radically shorten the times for realisation of the projects as opposed to the official perspectives of 2030 and 2050, which seem to be too far away, and deprived of economic and investment attractiveness for the sensible investors who are pragmatic and results driven.
Last but not least, one great example of our innovations is the level of technical digitalisation we intend to implement in our new railway infrastructure.
Should we wait for another 5 years until 2023 to find out if the new corridor will be regulated or will the European Commission take action sooner?
Will there be an initiative by the governments of Greece, Bulgaria, Romania, Hungary, Slovakia and Poland to regulate the new corridor or will the initiative continue to be of a private company? This remains an open question whose answer and responsibility relies on all of us who care about Europe and its future.
Here is the detailed table with all projects included in the ABC+De Project.