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

  • Major transport investment for Uganda
    March 5, 2012
    Work on Uganda's Mbarara-Ntungamo road project will commence in March 2011.
    Read More
  • Europe’s safer roads in the pandemic
    May 4, 2021
    Reduced traffic volumes meant that Europe’s roads became safer in the pandemic.
    Read More
  • Spreading knowledge on European standards beyond Europe
    October 8, 2015
    Europe is a global leader in road safety. It has an average of 50 traffic fatalities/million population, half that of the equivalent figure for the USA While there is no magical formula for improving road safety, it is possible to observe a positive correlation between the advent of performance-based standards for essential road equipment and the impressive reduction in road fatalities that Europe has seen since 2001, a drop of 50%.
    Read More
  • Japan investing in South East Asian infrastructure
    January 29, 2014
    Japan intends to offer financial aid worth some US$6.47 billion for infrastructure projects in Asean countries. This comes after the recent Asean-Japan Commemorative Summit and Japan-Greater Mekong Subregion (GMS). A large portion of the financial aid will be for investment projects under the GMS regional cooperation. The money will be provided in loans and grants. A five-year infrastructure plan by the GMS has already been approved at a GMS ministerial meeting. The plan covers 55 projects worth some $44.4
    Read More

Highlighted Content