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

  • Bechtel, Ukravtodor in Kiev bypass agreement
    June 11, 2021
    Design work for the 150km bypass is underway, as well as land acquisition.
    Read More
  • Europe’s road fatality rate is reducing
    July 3, 2013
    New data shows a continued improvement in road safety in Europe, with a reduction in fatalities in 2012 compared with the previous year. The information shows that there were 2,661 fewer road deaths in the EU during 2012 than in 2011. This shows countries are on track with the aim of lowering the fatality rate by half between 2010 and 2020. Over the first two years of the 2010-2020 target the EU nations reduced road deaths by 11%, 600 deaths short of the number that would have been needed to reach the EU ta
    Read More
  • Latvia road design contract for capital Riga
    November 11, 2014
    A road design study is now being carried out for Latvian capital Riga. The study will evaluate solutions for connecting parts of the city and its port to the main Latvian highway network. The study will be part-funded by the EU’s TEN-T Programme, which is providing close to €1.8 million. The project will be completed by the 31st December 2015 and involves the construction of a new link to the Freeport of Riga that will carry heavy goods vehicles, reducing traffic volumes and congestion in the historic city
    Read More
  • New conference plans for European road directors
    October 30, 2013
    Plans are in hand for the Conference of European Directors of Roads (CEDR). This event is now run every four years, with this next CEDR conference being the third to be held. The governing board for CEDR held a meeting in Helsinki and the Road Directors’ association reviewed the final report on the implementation of its previous strategic plan and the formalisation of its next. The CEDR strategic plan 3 (SP3) is to develop the priorities and targets for its next cycle. Each SP determines the structuring an
    Read More

Highlighted Content