Flanders allocates additional 300m euros for Einstein Telescope in new budget

In addition to multiple cuts, the Flemish government has also included additional investments in its new budget, amongst others an extra 300 million euros for the Einstein Telescope project. The Flemish contribution to the project thus increases to half a billion euros, Flemish minister president Matthias Diependaele announced on Monday afternoon during his September Declaration in the Flemish Parliament.

“We are committed to investing 500 million euros to bring one of the most ambitious scientific projects in the world to our region: the Einstein Telescope,” Diependaele said during his September Declaration. At the end of 2024, the Flemish government had already allocated 200 million euros to this project, to which 300 million euros is now added.

According to Diependaele, this is a crucial investment for the future. “This revolutionary telescope will attract high-tech companies and create thousands of jobs,” he said. “We will reap the benefits of this investment for generations to come.”

Website preview
Flemish government reserves 200m euros for construction of Einstein Telescope
The Flemish government has reserved 200 million euros to build the Einstein Telescope. The total promised support for the construction exceeds 1...
belganewsagency.eu

A decision on where to build the underground Einstein Telescope, which is set to become Europe’s most prestigious research observatory for gravitational waves, is expected in 2027. Belgium, the Netherlands and the German state of North Rhine-Westphalia are preparing a joint bid with their border region, the Euregio Meuse-Rhine, as the proposed location. However, the Italian island of Sardinia and the German state of Saxony are also candidates.

Construction is estimated to cost between 2.2 and 2.9 billion euros, spread over nine years. However, a recent study has already calculated that this investment will certainly pay for itself. It is predicted that the project could generate between 500 million and 1.5 billion euros for Flanders, depending on the extent to which Flemish companies succeed in winning contracts.

Website preview
Einstein Telescope could boost Flemish economy and innovation, study finds
The Einstein Telescope could contribute up to 1.5 billion euros in productivity growth and create around 925 full-time jobs in Flanders, according...
belganewsagency.eu

Just three weeks ago, the Walloon government also allocated 200 million euros to the project. The Netherlands has also promised a budget of 870 million euros. North Rhine-Westphalia has currently only allocated about 8 million euros, but the German state is still waiting to see what the federal government will do. If it soon decides to support the Euregio Meuse-Rhine rather than Saxony, North Rhine-Westphalia's contribution should increase proportionally.

 

This Monday afternoon, Flemish minister president Matthias Diependaele delivered his September Declaration to the Flemish Parliament. In this annual policy statement, the minister president outlines the government’s assessment of the region’s social and economic situation, sets out the main policy priorities for the coming year and presents the Flemish budget.

 

#FlandersNewsService | Former Flemish minister of innovation Jo Brouns (C) visits ETpathfinder R&D infrastructure in Maastricht, where a scale model of the Einstein Telescope is to be built, January 2024 © PHOTO MARCEL VAN HOORN / ANP / AFP


Related news

Website preview
Council of State revokes permit for wind turbines in Einstein telescope region
Six proposed wind turbines in Dalhem, Liège, will not be built after all. According to the Belgian Council of State, they could jeopardise the...
belganewsagency.eu
Website preview
Flemish government reaches agreement on 2026 budget
The Flemish government has reached an agreement on next year's budget, minister president Matthias Diependaele announced on X.
belganewsagency.eu

 

Share

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About belganewsagency.eu

Belga News Agency delivers dependable, rapid and high-quality information 24 hours a day, 7 days a week, from Belgium and abroad to all Belgian media. The information covers all sectors, from politics, economics and finance to social affairs, sports and culture, not to mention entertainment and lifestyle.

Every day, our journalists and press photographers produce hundreds of photos and news stories, dozens of online information items, plus audio and video bulletins, all in both national languages. Since the end of March 2022 English has been added as a language.

For public institutions, businesses and various organisations that need reliable information, Belga News Agency also offers a comprehensive range of corporate services to meet all their communication needs.

Contact

Arduinkaai 29 1000 Brussels

www.belganewsagency.eu