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

  • EBRD sets out new loans for Coratia’s road agency, Hrvatske autoceste
    April 1, 2016
    The European Bank for Reconstruction and Development (EBRD) and Hrvatske autoceste – a state-owned company in charge of the construction, maintenance and tolling of Croatia’s motorways – have signed a loan of up to €250 million. The EBRD’s sovereign-guaranteed loan will come in two tranches. The first €200 million will be used to refinance a portion of HAC’s sovereign-guaranteed debt falling due in 2016. The remaining €50 million will finance operational and efficiency improvements and may serve as a
    Read More
  • EQAR calls for a European-wide recycling plan
    October 13, 2016
    A European-wide construction material recycling strategy should be put in place as soon as possible, according to the European Quality Association for Recycling. EQAR made the call during its annual Congress in the Slovakian capital Bratislava, Slovakia, and on the occasion of its 10th anniversary. In his inaugural address, EQAR president Manfred Wierichs said that recycling of construction material differs greatly among European Union states. This is the case even though construction material recycli
    Read More
  • A new road safety drive will cut crashes in Europe
    February 22, 2013
    The ERF is amongst the campaigners for a safer road network. Safety is of crucial importance given the large number of fatalities on Europe’s road network. In 2012 alone, more than 30,000 people died on European roads, resulting in a negative impact on social, economic and health factors. Road safety has become a priority not only for the EU institutions but also at international level for the United Nations with the launching of the Decade of Action for Road Safety. Traditionally, improvements in road safe
    Read More
  • EU road fatalities dip 1% for 2018 but 2020 target slips away
    April 15, 2019
    The number of fatalities on European Union roads dipped by 1% last year, according to preliminary figures published today by the European Commission. In 2018, there were around 25,100 road accident fatalities within the 28 EU member countries. This is a decrease of 21% compared to 2010. With an average of 49 road deaths per one million inhabitants, this confirms that European roads are by far the safest in the world, noted the Commission. But there is remains doubt that the EU target of halving the nu
    Read More

Highlighted Content