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

  • Investment in Europe’s transport must be maintained
    January 2, 2013
    In Europe leading transport research specialists are calling for the Horizon 2020 budget for Smart, Green and Integrated Transport to be maintained at the €7.69 billion proposed by the European Commission. These specialists comprise European associations representing industry, research providers, academia, infrastructure, operators and users in the road, rail, air and waterborne transport sectors. These are calling for an appropriate budget share for transport research in the future Horizon 2020 Framework P
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • Transport groups push for priority in EU budget
    April 5, 2024
    Europe must "reverse the trend of continued underfunding of the transport sector".
    Read More
  • Electric charging points for northern Europe
    February 10, 2015
    The EU will support the development of routes designed to carry electric vehicle vehicles in northern Europe. This investment will be supported by the EU's TEN-T Programme. In excess of €4 million will be spent on building an open access fast charging station network in the Netherlands, Denmark, Sweden and Germany. In total 155 chargers for electric vehicles are to be installed along the main highways connecting these countries.
    Read More

Highlighted Content