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

  • Iteris launches iPerform to measure and manage transportation networks
    April 26, 2012
    Iteris has introduced the iPerform information management solution that utilises all available data resources to provide effective performance analysis and prediction. The software can fuse information from a full spectrum of sources including roadway sensors as well as weather and other traffic related data. Moreover, Iteris says it provides this valuable information for not only freeways, but for arterials and multi-modal forms of transportation as well. "With the increased emphasis on accountability in t
    Read More
  • Caterpillar France’s Eric Lepine takes over CECE presidency
    January 15, 2014
    Eric Lepine, general manager of Caterpillar France SAS in Grenoble, has taken over the presidency of the Committee for European Construction Equipment (CECE). Lepine replaced Johann Sailer on January 1 2014 and will serve as CECE president over the next two years. The official handover from Sailer, who himself chaired the association for two years, took place in Paris in December on the occasion of the last CECE-Steering Group meeting of the year. During his 26 years of experience in the industry, Lepin
    Read More
  • India’s transport upgrade programme being planned
    February 6, 2017
    India is setting its sights on a huge programme of works to upgrade its transport network. The Indian Government has plans to allocate a massive US$58.17 billion to develop transport systems within the country. Road and highways will be amongst the transport systems benefiting from the investment. Some 2,000km of coastal highways will be developed under the plans, along with a series of other highway projects commencing. $2.2 billion is being invested in upgrading 1,253km of roads in Assam. These roads will
    Read More
  • India’s transport upgrade programme being planned
    February 6, 2017
    India is setting its sights on a huge programme of works to upgrade its transport network. The Indian Government has plans to allocate a massive US$58.17 billion to develop transport systems within the country. Road and highways will be amongst the transport systems benefiting from the investment. Some 2,000km of coastal highways will be developed under the plans, along with a series of other highway projects commencing. $2.2 billion is being invested in upgrading 1,253km of roads in Assam. These roads will
    Read More

Highlighted Content