Skip to main content

Plans in hand for major European transport investment

The European Commission is allocating the first portion of funds dedicated to the EU transport network. This first tranche is worth some €12 billion. The funds will go towards innovation, inter-modality and inter-operability. CEF, the Connecting Europe Facility, will allocate €26 billion in the period from 2014 to 2020 for transport infrastructure.
April 8, 2014 Read time: 1 min
The 2465 European Commission is allocating the first portion of funds dedicated to the EU transport network. This first tranche is worth some €12 billion. The funds will go towards innovation, inter-modality and inter-operability. CEF, the Connecting Europe Facility, will allocate €26 billion in the period from 2014 to 2020 for transport infrastructure.

For more information on companies in this article

Related Content

  • EU to co-finance studies for new northern Greek highway
    March 19, 2014
    The European Union is to help finance studies for the northern border section of the Ionian Highway in Greece. Some €1.56 million is being provided through the TEN-T Programme to help pay for a series of studies required to prepare for the project’s tender process. The studies will cost some €3.12 million in all and related to a 46km stretch of highway connecting the Egnatia Odos-Ionian Highway interchange and Kakavia.The initiative was selected for funding under the 2012 TEN-T Annual Call and includes carr
  • Slovakia’s Cabinet to have final say on D4 Bratislava bypass
    February 9, 2016
    The government of Robert Fico has said it will decide the fate of the controversial €1 billion Bratislava bypass, the D4 motorway project, possibly ahead of a national parliamentary election next month. Fico, who also was prime minister from 2006-2010, was re-appointed after leading his Direction Social Democracy party (SMER-SD) to a landslide victory in the 2012 parliamentary election. His party won 83 seats and formed an absolute majority government, Slovakia’s first since 1989. Controversy continue
  • ANAS tenders more bridge monitoring
    November 22, 2022
    Italy sent out the first three of five tenders to the EU’s Official Journal between earlier this year.
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh