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

  • EU transport committee sets targets to 2020
    May 15, 2012
    A resolution drafted by Mathieu Grosch and adopted yesterday by the EU transport committee calls for the abolition of all remaining barriers and borders in order to complete the creation of a single transport area for goods and passengers which is competitive, co-modal and resource efficient. The vote reflects a broad political consensus on the main safety and environmental targets to be reached by 2020.
    Read More
  • Polish budget switch
    March 2, 2012
    The EC is not keen for Poland to use rail funds for roads.
    Read More
  • UK: cash released for pothole repairs
    February 16, 2021
    UK’s Department of Transport said it takes around £50 (€57 / $69) to fix a pothole.
    Read More
  • EU to invest €4bn in Polish transport projects
    November 22, 2013
    Major Polish transport projects connected to the TEN-T transport network and the Connecting Europe programme are to receive €4 billion of European Union funding. The S3 road from Nowa Sol to Hradec Kralove is among the Polish TEN-T road project works benefiting from the new EU fund. As part of the Connecting Europe Scheme, the €4 billion EU investment will also cover works on two major border road schemes: the S69 road from Bielsko-Biala, and the S61 from Augustow.
    Read More

Highlighted Content