European transport investment plan approved

EU national representatives have endorsed a proposal to fund hundreds of transport projects worth US$14 billion, reports the European Commission. The Connecting Europe Facility (CEF) coordination committee, which is made up of representatives of the 28 Member States, approved the funding for 276 projects which the Commission proposed on 29 June. EU Commissioner for Transport Violeta Bulc said "I am very pleased that following constructive discussions in the CEF coordination committee, the Member Stat
July 30, 2015 Read time: 2 mins
EU national representatives have endorsed a proposal to fund hundreds of transport projects worth US$14 billion, reports the 1690 European Commission.

The Connecting Europe Facility (CEF) coordination committee, which is made up of representatives of the 28 Member States, approved the funding for 276 projects which the Commission proposed on 29 June.

EU Commissioner for Transport Violeta Bulc said "I am very pleased that following constructive discussions in the CEF coordination committee, the Member States endorsed our proposal for the largest investment plan ever made by the EU in the transport area. The 276 projects we selected will contribute to the creation of jobs and will boost growth and competitiveness in Europe. I am also delighted to see that many will implement horizontal priorities such as the digitalisation of transport or the market uptake of alternative fuels."

By the end of July 2015, the Commission will formally adopt the funding decision. Individual project grant agreements will be prepared by INEA and signed with the project beneficiaries thereafter. Funds will start being disbursed as of the last quarter of 2015.
Urban Traffic Control

For more information on companies in this article

Related Content

  • CRASH Predicts ‘unpredictable’ in traffic incidents
    November 11, 2015
    Road crashes are not as random as they may appear and analysing data can reveal patterns that can help various authorities target their resources more accurately. David Crawford reports. Figures from the US National Highway Traffic Safety Administration (NHTSA) show that in 2013 there were 32,719 people killed on American roads and 2.31 million injured. While these form part of an overall 25% drop over the decade from 2004, US Transportation Secretary Anthony Foxx continues to stress that reaching the procl
    Read More
  • UK government to fund development of waste-based fuels for planes and trucks
    August 30, 2017
    As part of plans to promote clean alternative fuels, the government is offering US$28 million (£22 million) in funding for projects in the UK to develop low carbon waste-based fuels for planes and lorries, with matching funding from industry. Trials of sustainable jet fuel, made from waste materials, have taken place in Europe and North America and now the launch of a UK competition intends that British experts will conduct pioneering research in this sector. The Department for Transport has already had int
    Read More
  • USDOT expands real-time travel information with US$2.6 million in grants
    February 25, 2015
    The US Department of Transportation's Federal Highway Administration (FHWA) has announced $2.571 million in grants to expand the use of real-time travel information in 13 highly congested urban areas across ten states. Known as integrated corridor management, or ICM, the grants will help selected cities or regions combine numerous information technologies and real-time travel information from highway, rail and transit operations. Such tools can help engineers make better decisions about congestion managemen
    Read More
  • European car manufacturers face world’s toughest CO2 targets
    July 12, 2012
    Following the adoption yesterday of the European Commission's proposals to reduce CO2 emissions from cars and vans, the European Automobile Manufacturers' Association (ACEA) says it will now work with its members to conduct a full analysis of how the proposed targets should be reached as well as their feasibility, and what this means in practice for the industry as a whole.
    Read More

Highlighted Content