{"id":115088,"date":"2024-08-26T19:39:17","date_gmt":"2024-08-26T09:39:17","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=55600"},"modified":"2024-08-26T19:39:17","modified_gmt":"2024-08-26T09:39:17","slug":"european-commission-approves-french-state-aid-for-combi-terminals","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=115088","title":{"rendered":"European Commission approves French State aid for combi terminals"},"content":{"rendered":"

The European Commission (EC) has approved French State aid totalling 9.3 million euros to support the ongoing development of two multimodal freight terminals. One of them is at the port of Calais, near the English Channel and the other is at the Mediterranean port of S\u00e8te.<\/strong>
\n<\/span>Calais and S\u00e8te will receive financial support of 6.3 million euros and 3 million euros respectively. The beneficiaries are CargoBeamer Terminal Calais, a company specialising in the transportation of non-cranable semi-trailers, and S\u00e8te Terminal Soci\u00e9t\u00e9 Investissement, an SNCF group company specialising in passenger and freight rail transport, the EC explained.<\/p>\n

It said the aid was being granted in accordance with Article 93 of the Treaty on the Functioning of the European Union, which allows Member States to introduce aid measures to meet the needs of transport coordination. The Commission took the view that the aid is necessary to encourage the development of rail freight and modal shift and that it has an incentive effect since, without public aid, the beneficiaries would not make the investments in question.<\/p>\n