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

  • Indra Sistemas joins European Commission’s study Harmony
    December 19, 2017
    Spanish global IT business Indra Sistemas is to join Harmony, a pan-European multimodal transport connectivity study. Harmony aims to develop technologies for integrating real-time data from different transport users and operators to improve multimodal information services. Indra will be focussed on a pilot project in Madrid, developed with the Polytechnic University of Madrid. Indra is working with research groups G@TV and TranSYT from the Polytechnic University of Madrid along with support from Grupo
    Read More
  • Upcoming transport research event in Poland
    February 29, 2016
    Plans are well in hand for the sixth edition of the Transport Research Arena - TRA2016 conference. This will take place in Polish capital Warsaw and follow successful events held previously in Göteborg, Ljubljana, Brussels, Athens and Paris in. This cycle of TRA conferences is the most important event in Europe that addresses scientific research on surface and water transport.
    Read More
  • Infrastructure investment plans established for Western Balkans nations
    December 5, 2013
    A €10 million contract from the European Commission will form the basis of work to strengthen essential infrastructure development across the Western Balkans. A consortium led by Mott MacDonald, and including WYG and WS Atkins has been awarded this contract to carry out the engineering consultancy work required for the infrastructure expansion. This is an extension to an earlier contract awarded last year to provide technical assistance as part of the Infrastructure Projects' Facility (IPF) of the Western B
    Read More
  • Concern at European road safety issues
    March 24, 2015
    The European Commissioner of Transport, Violeta Bulc, has announced EU road safety statistics for 2014 that give some cause for concern. In 2014 there were a total of 25,700 road deaths across all 28 Member States of the EU. Road fatality figures differ widely among Member States. The figures indicate only a 1% improvement since last year, meaning that significantly more effort will be needed from Member State governments in order to reach the Commission's goal to halve the number of road deaths between 201
    Read More

Highlighted Content