Brussels receive EUR 375 m federal cash

7th May 2008, Comments 0 comments

The extra fund is to compensate the capital for the additional strain placed on its services and infrastructure it comes under.

7 May 2008

BRUSSELS - The Federal Government is to provide EUR 375 million in extra cash for Brussels through the Beliris fund.

The Beliris agreement between the Federal and Brussels regional governments was signed in 2001.

The aim of the agreement is to compensate Brussels for the extra strain placed on its services and infrastructure that comes about as a result of being Belgium’s capital.

The contract giving the green light to a new round of Beliris investment was signed on Tuesday.

The extra cash made available means that Beliris now has a total EUR 609 million at its disposal.

Transport will account for around EUR 200 million of investments.

There will be improvements to public transport in the capital and a study will be carried out to look into the possibility of building a new metro line from Schaarbeek and Evere in the north to Vorst and Ukkel in the south of the city.

Improvements will also be made to the central north-south boulevard in downtown Brussels.

The Leopold III-laan that runs from Schaarbeek to Nato Headquarters is also set to be improved with a new tram line to be laid along its central reservation.

Tram line 94 is also to be extended by 3 kilometres from its current terminus at Herrmann-Debroux in Oudergem to the Tram Museum in Sint-Pieters Woluwe.

Elsewhere, EUR 50 million is to be spent on the area of the city centre that houses the National Library and the Museum of Fine Arts.

In future, EUR 125 million will be set aside for Beliris in the annual federal budget.

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