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.
Finance & Funding

For more information on companies in this article

Related Content

  • Developing Delhi's local transport systems
    February 9, 2012
    Siemens wins BRT order A major contract order was placed with Siemens by DIMTS (Delhi Integrated Multi-Modal Transit System Limited) on behalf of the local Transport Department for the development of the city's Bus Rapid Transit (BRT) system.
    Read More
  • David Quarmby will be a keynote speaker at ERIC 2016 in Leeds
    July 26, 2016
    David Quarmby, one of the United Kingdom’s most influential and experienced highways and transport senior executives, has been confirmed as a keynote speaker at the European Roads Infrastructure Congress – ERIC 2016 - in the autumn. Quarmby has had a long career in policy, planning, management and research in UK transport, with 39 years’ board-level experience in government, public agencies and the private sector, including London Transport and the retail food giant Sainsbury’s. Most recently he has b
    Read More
  • CECE Summit – is Europe ready for a digital construction worksite?
    November 20, 2015
    The CECE has voiced his concern over government regulations that could strangle innovation for the digitalisation of construction machinery. China’s imploding economy was another topic at the recent conference in Brussels, reports David Arminas. The CECE has urged the European Parliament and European Commission to enact legislation that promotes rather than hinders the construction sector’s transition to a digitalised way of working. “We need a smart regulatory framework that helps to unlock the full poten
    Read More
  • Volvo CE sales up 10% in Q1 2014
    April 25, 2014
    Volvo Construction Equipment says growth in mature markets is the biggest contribution to its 10% sales increase in the first quarter of 2014, compared to the same three months of last year. The first three months of this year saw improved earnings on the back of increased sales, deliveries and order intake. The period also saw the launch of a new range of Volvo CE Tier 4 Final/Stage IV compliant models.
    Read More

Highlighted Content