Two-step approval process of the Large Infrastructure Projects (LIP) funded by the South-East Finland – Russia CBC 2014-2020 Programme has been completed. All ten (10) projects shortlisted by the programme’s Joint Monitoring Committee in 2017, will now proceed to the Grant Contract negotiation phase with the Managing Authority. In accordance with the Implementing Regulations, the contracts must be signed by 30 June 2019.
Total CBC financing allocated for the LIPs is circa € 28,9 Mio eur that is 40% of the programme’s financial frame. Infrastructure projects are awarded under three priorities according to the enclosed matrix.
Each project will be introduced in more details upon the launching of their actions.