Financing for transport infrastructure will triple for the period 2014-2020

The new EU infrastructure policy will put in place a powerful European transport network across 28 Member States to promote growth and competitiveness. It will connect East with West and replace today’s transport patchwork with a network that is genuinely European. The core network will be established by 2030. The new core network - key figures The new core network will connect: 94 main European ports with rail and road links 38 key airports with rail connections into major cities 15,000 km of railway line upgraded to high speed 35 cross border projects to reduce bottlenecks The core network will transform East West connections, remove bottlenecks, upgrade infrastructure and streamline cross border transport operations for passengers and businesses throughout the EU. Financing for transport infrastructure will triple for the period 2014-2020 to €26 billion. This EU funding will be tightly focused on the core transport network where there is most EU added value. Source: eu.europa.eu