EU allocates $3.27 bn to 94 transport projects under CEF
The European Commission has allocated nearly €2.8 billion (~$3.27 billion) in EU grants to 94 transport projects under the Connecting Europe Facility (CEF). This investment will focus on modernising railways, inland waterways, and maritime routes across the trans-European transport network (TEN-T), enhancing connectivity and competitiveness within the EU.
The European Commission has allocated €2.8 billion (~$3.27 billion) in grants to 94 transport projects under CEF.
The funding will modernise railways, waterways, and maritime routes, focusing on sustainability and resilience.
Key projects include Rail Baltica, high-speed rail in Czechia and Poland, and enhanced road safety and air traffic management.
Selection will be formalised by October 2025.
Rail transport will receive the largest share, with 77 per cent of the total funding directed towards infrastructure upgrades, including Rail Baltica in the Baltic region, high-speed rail development in Czechia and Poland, and the European Rail Traffic Management System (ERTMS) across 11 Member States, European Commission said in a release.
Maritime and inland waterway projects will focus on reducing emissions and improving resilience, including the installation of shore-side electricity at ports and digital traffic management systems.
Additional investments will enhance road safety, air traffic management, urban mobility, and bolster transport links to Ukraine. The projects are expected to improve regional trade, strengthen infrastructure resilience, and contribute to the EU’s green transition. The Commission will formalise the selection by October 2025.
Fibre2Fashion News Desk (HU)