Press Release: Commission injects €6.7 billion into transport infrastructure to boost jobs and growth

On 17 June 2016 the European Commission firmly delivered on President Juncker's top priority of creating jobs and boosting growth in the European Union, by unveiling a list of 195 transport projects that received €6.7 billion of funding under the Connecting Europe Facility (CEF). This investment was expected to unlock additional public and private co-financing for a combined amount of €9.6 billion. The selected projects notably contributed to the digitalisation and decarbonisation of transport, in line with the broader political agenda of this Commission. The Member States eligible for the Cohesion Fund received almost 85% of the funding, which helped bridging the infrastructure disparities across the EU.

• Primary Source

European Commission: DG Communication: RAPID: MEMO/16/2196, 17.06.16: The EU at work to bridge the investment gap in transport and stimulate the European economy http://europa.eu/rapid/press-release_MEMO-16-2196_en.htm

European Commission: DG Communication: RAPID: MEMO/16/2169, 17.06.16: Connecting Europe Facility – Results of the 2015 transport calls for proposals http://europa.eu/rapid/press-release_MEMO-16-2169_en.htm

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