Press Release: Commission puts forward record €13.1 billion investment in transport infrastructure to boost jobs and growth

On 29 June 2015 the Commission further delivered on its top priority of creating jobs and boosting growth in Europe, by unveiling a record €13.1 billion investment plan in 276 transport projects, selected under the Connecting Europe Facility (CEF). This investment will unlock additional public and private co-financing for a combined amount of €28.8 billion. Along with the future European Fund for Strategic Investments (EFSI), the CEF will play a major role in bridging the investment gap in Europe, which is one of the Commission's top priorities. Beyond transport, it will benefit the European economy as a whole by creating more favourable conditions for growth and jobs.

ESO: Background information: Council conclusions on Transport infrastructure and the Trans European Network http://www.europeansources.info/record/council-conclusions-on-transport-infrastructure-and-the-trans-european-network/

---