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

  • PPRS 2018: a Nice place to be
    August 4, 2017
    Maintenance, Modernisation, Adaptation of Roads and Streets for Tomorrow’s Mobility – these are the key themes for the upcoming Pavement Preservation and Recycling Summit (PPRS) in Nice, France, March 26-28 next year. Meeting the mobility challenges is more essential than ever in a rapidly changing global context. Speakers at the event, to take place at the Nice Acropolis, will include Peter Schmitz (Germany), Shigeru Kikukawa (Japan) and David Winter (US).
    Read More
  • Mexico has major plans to improve transport network
    December 13, 2013
    Mexico’s transport and communications ministry (SCT) looks set to open tenders for 258 highway projects in 2014. Tenders for 13 projects covering work to repair, upgrade and widen over 2,000km of roads have already been revealed. Tenders being opened will also include building bridges and bypasses around congested urban areas. Key tenders include 48 in Chiapas, 35 projects in Oaxaca, 24 in San Luis Potosi and 11 in Guerrero and Veracruz. The road projects will account for some 20% of the overall infrastruct
    Read More
  • Building Tomorrow’s Transport Infrastructure Today – IRF Global in Washington
    May 2, 2018
    Preparations are underway for the world’s leading road, tunnel and bridge exhibition Produced by the International Road Federation, the IRF Global Road2Tunnel Expo & Conference is the only international conference and tradeshow of its kind dedicated to road, tunnel and bridge construction. “Technology and innovations are evolving at a pace never seen before in the history of the road and transport sector” noted IRF president & CEO C Patrick Sankey. “From innovations in materials, such as self-healing con
    Read More
  • Increase in German car crashes cause for concern
    August 27, 2014
    The fatality rate on Germany’s road network increased in the first half of 2014, compared with the same period last year. The preliminary figures from Germany's Federal Statistics Office, Destatis, show an increase in road deaths of 9.5% to 1,576 for the first six months of 2014. The level of injuries also rose by 10.6% to around 185,600 while the number of crashes in which people were injured rose 11.4% to 144,600. Overall however, the number of crashes dropped by 1.2% to 1.15 million. The reason for the i
    Read More

Highlighted Content