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

  • All change: get ready to rethink everything
    November 10, 2022
    How can we make our infrastructure ready for new sustainability challenges? What kind of investments are needed? And who will finance them? Tolling association Asecap has some thoughts. Geoff Hadwick reports from Lisbon
    Read More
  • FIEC calls for action on construction
    March 24, 2020
    The European construction association, FIEC, calls for action on construction.
    Read More
  • Tough market conditions, says CECE
    March 31, 2020
    European construction machinery manufacturers association CECE points out the tough market conditions.
    Read More
  • Argentina sets out major road development plan
    November 24, 2017
    Argentina is setting out a major road development programme. The country has plans for 16 key road projects, with road building and development plans for some 7,000km of routes in all. Called the new Safe Motorway and Road Network, the programme will be worth an impressive US$16.7 billion. The first six of the planned routes will be developed under the PPP model. A portion of the construction work will be paid for through special taxes on fuel.
    Read More

Highlighted Content