The recent designation of comprehensive status for Stockholm Norvik Port marks a significant milestone following the approval of an agreement on European Union regulations for the development of the Trans-European Transport Network (TEN-T).
As an integral part of the EU transport network, this status enables the Swedish port to pursue EU funding opportunities, paving the way for further enhancements in sustainable transportation and its emergence as a key energy hub.
In late December, the European Commission commended the political accord reached between the European Parliament and the Council regarding the regulation governing the trans-European transport network (TEN-T).
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With the anticipated implementation of the new TEN-T regulation, expected around April 2024, several Baltic Sea ports are poised to change status, with Stockholm Norvik Port ascending to comprehensive status.
This development empowers Ports of Stockholm, along with stakeholders and collaborative partners, to seek and secure EU funding aimed at fortifying the infrastructure and services of Stockholm Norvik Port, strategically positioned in the Baltic Sea. Such initiatives are vital for stimulating regional growth, fostering job creation, and facilitating more sustainable practices for businesses operating in the area.
“It is a very welcome decision that Stockholm Norvik Port will now have this status within the EU transport network. 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,” said Magdalena Bosson, CEO of Ports of Stockholm.