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 missing target of halving road deaths by 2020, says ETSC
    April 12, 2018
    Halving the number of deaths on Europe’s roads by 2020 is not likely to be achieved, according to the European Transport Safety Council. The 28 members of the European Union reduced the number of road deaths by 20% from 2010-2017, far less than the 38% cut needed to stay on course to meet the 2020 target. The European Commission has just published data showing that deaths on EU roads fell by only 2% last year, following a similar decrease in 2016 and a 1% increase in 2015. “For four years in a row, the
    Read More
  • Russian roads and bridges being planned
    April 22, 2020
    Russian road and bridge construction and maintenance works are being planned.
    Read More
  • India intends investing in infrastructure in future
    January 19, 2015
    The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
    Read More
  • China moving forward with major infrastructure investment programme
    December 4, 2012
    Plans for huge investments in transport infrastructure have been made in China. In all some 60 infrastructure projects worth just over US$160 billion have been identified by the Chinese authorities. The work will include building 2,018km of new roads and highways, including improved connections between Shanghai and Guangzhou. The total road investment budget expected could range from $22.6-32.4 billion, although a definite programme of works has still to be established.
    Read More

Highlighted Content