The European Commission launched today the third round of calls for proposals under the Connecting Europe Facility (CEF) for transport, making €1.9 billion available to finance key transport projects. €1.1 billion are earmarked for projects in Member States eligible for financing from the EU Cohesion Fund, in order to better integrate these countries into the internal market. Along with the Investment Plan presented by the Commission in November 2014 – and in particular the new European Fund for Strategic Investments (EFSI) , the CEF aims at bridging the investment gap in Europe to boost growth and job creation, a priority of President Jean-Claude Juncker.
EU Commissioner for Transport Violeta Bulc remarked: “The EU supports over 460 projects across the territory of the Member States contributing to better mobility and connectivity for European citizens and businesses. With this new call, we are giving more focus to intelligent transport systems across Europe and to infrastructure development in the cohesion states. The Commission is committed to building the transport network of the future while providing to keep countries and regions united.”
Keep reading the article here.
