The funding for the Brenner Base Tunnel, a key project in Europe's transport policy, comes from Austria, Italy and the European Union.
60% will be spent on shell construction, 15% on equipment, 10% on planning, provision of services and internal costs, 1% on land matters and 14% is reserved for risk provisioning.
Austria, Italy and the European Union are all contributing towards financing the European Brenner Base Tunnel key project.
It into account both the currently identifiable and quantifiable risks and the expectable, though currently non-identifiable, risks.
As the trans-alpine stretch of the SCAN-MED Corridor, the Brenner Base Tunnel receives considerable funding from the European Union.
Between 2016 and 2020, 50% of the costs for the exploratory tunnel (about 303 million Euro) and 40% of the costs for the two main tunnels (just under 880 million Euro) were covered by the EU.
The remaining 50-60% are borne by Austria and Italy on a 50-50 basis. This means that the BBT is the European project with the highest level of co-financing.
EU co-financing is carried out via the "Connecting Europe Facility", a funding programme that supports the construction of high-performance transport infrastructure.
The funding is distributed with a European call for proposals.
EU experts then continuously evaluate construction progress and the use of the funds.
The Brenner Base Tunnel is Europe’s most-funded infrastructure project. The EU co-funding comes from the “Connecting Europe Facility” (CEF). This funding programme supports the construction of efficient transport infrastructure.