The EU Transport Agency has included the Financial Engineering section on its website

The EU TEN-T Executive Agency has added a Financial Engineering section to its website in order to explain more in detail this sector. The reason of such change is that the Financial Engineering sector aims to help find solutions to attract more private sector financing and to contribute to the improvement of the management of the TEN-T programme as a whole.

A new section on Financial Engineering has now been added to the TEN-T Executive Agency website. The Agency's Financial Engineering sector plays an important role in identifying and developing projects with Public-Private Partnership (PPP) potential, promoting increased private sector participation in the financing of TEN-T projects and ensuring that TEN-T beneficiaries have access to the necessary information and are provided with best practice.

Including this section into its website, the TEN-T Executive Agency wants to encourage the private sector to play a greater role in funding transport infrastructure projects. The cost of EU infrastructure development has been estimated at over €1.5 trillion for the 2010-2030 period, a massive investment for public sector budgets to undertake single-handedly, especially given the difficult market conditions that have persisted since the start of the economic and financial crisis in 2008. In 2009, the EU invested €500 million in transeuropean transport networks just for the first group of projects.

In particular, the Financial Engineering sector aims to promote an increase in the participation of the private sector in the financing of TEN-T projects, encourage TEN-T project screening to identify and develop projects with Public-Private Partnership (PPP) potential, ensure that TEN-T beneficiaries have access to the necessary information and are provided with best practice for developing. In this context the sector is working directly with EPEC (European PPP Expertise Centre), support the project preparation phase of the project life cycle in order to optimise the use of private and public funds, and offer technical assistance to national, regional or local authorities regarding the financial structure of projects to ensure that projects can pull together EU, national and private funding.

The Trans-European Transport Network Executive Agency (TEN-T EA), established by the European Commission, is responsible for managing the technical and financial implementation of the Trans-European Transport Network (TEN-T) programme, one of the most important means of infrastructure funding.