THE EUROPEAN Commission Directorate-General Energy and Transport will provide a £600 million grant to assist around £150 billion of Trans-European Network PPP projects up to 2020.
The announcement, at a conference promoting opportunities for European road construction this week, could spark a scramble by UK firms interested in Central and Eastern European roadwork.
John Hugh Rees, a head of unit at the DGET, said: 'Our grant is designed to induce private sector income so that these vital road projects can get off the ground.'
Road projects that are up for grabs include:
Czech Republic The Prague Ring Road:£700 million
D3 motorway Prague to Austrian Border: £2 billion
Slovak Republic Three motorways:£3.5 billion
Germany Fehmernbelt Crossing:£1.4 billion
A52 tunnel scheme:£180 million
Croatia Split to Dubrovnik:£113 million
Zupanja to Lipovac:£50 million
Austria The Ypsilon road project:£500 million
The A5 North: £190 million
The A22 package:£420 million