On 15 January 2018, the European Commission and the World Bank presented an Indicative trans-European Transport Network (TEN-T) Investment Action Plan aimed at bolstering the economic growth and connectivity in the Member States of the Eastern Partnership (EaP). The EaP is a joint policy initiative between the European Union, on the one side, and Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova, and Ukraine, on the other side. The initiative aims at reinforcing the political association and economic integration of these six States.
The investments cover both short-term projects, to be completed by 2020, and long-term projects aiming to improve transport links on the TEN-T by 2030. These projects were identified together with the Eastern Partnership countries and foresee a total of 4800 kilometres of road and rail, 6 ports, and 11 logistics centres.
The projects will require an estimated investment of about 13 billion euro. Along infrastructural investments, the investment plan aims to bring forward key reforms for the transport sector and improve road safety in the region.
Further information is available at the following LINK.