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Oct 22 2013

New EU infrastructure policy

In the most radical overhaul of EU infrastructure policy since its inception in the 1980s, the European Commission has published new maps showing the nine major corridors. EU financing for transport infrastructure will triple to EUR 26 billion for the 2014–2020 period. The new policy establishes, for the first time, a core transport network built on nine major corridors. They are two north–south corridors, three east–west corridors and four diagonal corridors. 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. The core network is to be completed by 2030. 

 

Source: ITJ