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

  • FEHRL Brussels event proves successful
    July 1, 2013
    The recent Forum of European National Highway Research Laboratories (FEHRL) Infrastructure Research Meeting 2013 in Brussels (FIRM 2013) attracted a large number of attendees, from Europe as well as further overseas. The event included a number of presentations on key road infrastructure topics, with major input also from other associations such as the European Asphalt Paving Association (EAPA). The plenary session drew high-level speakers from a number of National Road Administrations and European institut
    Read More
  • Romania gets EIB funds
    February 20, 2012
    Funding worth nearly €600 million from the European Investment Bank (EIB) could help improve Romania’s national road network.
    Read More
  • Active travel can drive urban economic growth and save health funds
    November 7, 2012
    Experts in health, city planning, environment and transport from Europe and the United States, including several local authorities, stressed how active travel can drive urban economic growth and save public health funds during a recent prestigious workshop event in Brussels, Belgium. Integrating health aspects in transportation planning was the focus of The Polis Environment & Health working group meeting at the European Economic and Social committee on 30th October. The event gathered experts from organisa
    Read More
  • Plans in hand for major Ethiopian road programme
    September 22, 2014
    In Ethiopia plans are in hand for a series of major road projects. The Ethiopian Government has set out a programme of road building contracts to expand the country’s transportation network. The Addis Ababa City Roads Authority (AACRA) intends to build 600km of roads in the 2014/2015 fiscal year. This will extend Ethiopia’s road network from 4,671-5,275km. However AACRA still requires some £189.5 million to complete this project. So far AACRA has received US$305 million from Addis Ababa City Administration,
    Read More

Highlighted Content