Kourkoumelis & Partners News Investment in transport infrastructure
Investment in transport infrastructure
06/11/2015 10:21

European Commission has selected 276 transport projects under the Connecting Europe Facility (CEF), which are primarily located in the core trans-European transport network. Among the beneficiaries are Rail Baltica, the Brenner Base Tunnel, the Seine - Escaut waterway, the Caland Bridge and the Fehmarn Belt Fixed Link. Smaller - scale initiatives include cross-border projects between Groningen and Bremen, the Iron Rhine rail line, LNG (Liquefied Natural Gas) deployment plans or projects enhancing the navigability of the Danube River. EU's financial contribution is made in the form of grants, the co-financing rate of which is between 20% and 85% of a given project, depending on its type.