EU transport decision brings funds to Stockholm

This will help Stockholm Norvik Port continue to develop as a node for sustainable transport and to become a leading energy hub.

The new TEN-T regulation, which is expected to enter into force in April 2024, means among other things a change in status for a number of Baltic Sea ports. Stockholm Norvik Port will now have comprehensive status.

Magdalena Bosson, chief executive at Ports of Stockholm, welcomed the decision. “In our development projects it is important to have the possibility to apply for external funding and this decision gives us additional power to maintain and develop Stockholm Norvik’s position as a state-of-the-art port for the future,” she said.

The EU Trans-European Transport Network encompasses railways, inland waterways, local shipping routes and roads that connect urban nodes, ports, airports and terminals to create a continuous, efficient transport infrastructure over the entire bloc.

The status of a port within the TEN-T network will be assessed on its contribution to the energy transition and not only on the basis of freight volumes and passenger numbers.

“Ports today are more than just part of the transport infrastructure,” said Jens Holm, chair of Ports of Stockholm.

“Stockholm Norvik Port has a potential to be a strategic hub and partner when it comes to the development in the Greater Stockholm region within areas such as innovation and the transition of society to sustainable energy systems.”