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

  • Emissions disagreement
    February 28, 2012
    Criticisms have been made in Europe over the policy aimed at cutting the EU's transport emissions by 60% by 2050.
    Read More
  • VDMA: Construction equipment sector secures jobs in a challenging environment
    March 5, 2021
    The general meeting of VDMA Construction – Equipment and Plant Engineering on 3rd March 2021 drew a positive conclusion about the past and current year. Central topics were the economic situation, the importance of the European climate goals 2050 for the industry and the development in relations with the USA after the change of government.
    Read More
  • Europe calls for new road safety target
    September 9, 2015
    The European Parliament has reiterated calls for a pan-European target to cut serious road injuries. In a vote on a review of European transport policy since 2011, MEPs called for, “the swift adoption of a 2020 target of a 40 % reduction in the number of people seriously injured, accompanied by a fully-fledged EU strategy.” Since 2010 the number of people seriously injured on EU roads has been reduced by just 1.6%, compared to an 18% decrease in the number of road deaths. Last year the numbers actually
    Read More
  • Crossing the Alps for five decades
    March 24, 2020
    Italy’s A22 Autostrada route is a key transport connection for Europe and also a model for efficient operational management
    Read More

Highlighted Content