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About the Project
In the framework of the MEDA II Programme the European Commission decided, in November 2001, to undertake the first Euro-Mediterranean Regional Transport Project (‘EuroMed Transport Project’) with a financial allocation of 20 million euros.
The EuroMed Transport Project – Main Contract, initially foreseen for a duration of 4 years (2003 - 2007), benefited at the end of this period of three successive extensions of its duration. The third addendum, and the most recent dating January 2009, foresees the closing of the Project’s activities at the end of July 2009.
The EuroMed Transport Project aims to facilitate cooperation between the 12 Mediterranean Partner Countries with the goal of supporting the development of the future Euro-Mediterranean Free Trade Area and promoting regional economic integration. Expected Benefits
The project will assist in the preparation of: a Diagnostic Study of the regional transport system outlining the main challenges and bottlenecks, and;
The project will also: - promote cooperation of the private sector, and;
- establish tools for monitoring the performance of the sector.
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The project aims at improving the functioning and the efficiency of the Mediterranean transport system and will concentrate on policy reforms and training/policy dialogue with transport policy makers.
This regional approach will also have the side-benefit of developing a strategy for regional infrastructure development and building local capacity for the preparation and implementation of Related Projects.
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