Lund – Malmö quadruple tracking contract
Prime Minister inaugurates Napoli Afragola station
ÖBB starts Pyhrnstrecke station upgrading
Weekly LCL service widens appeal of China-Europe rail route
Siemens to buy planning software company HaCon
Hupac orders eight multisystem locomotives
Montecargo privatisation cancelled
IONX and Ermewa agree telematics partnership
High-value chemicals travel from China to Europe by rail
DB Regio selected for Rhein-Neckar operating contract
Projects to accelerate the deployment of ERTMS and the roll out of infrastructure for the use of ‘alternative’ fuels are eligible to apply for funding under the CEF Transport Blending Facility launched by the European Commission and the European Investment Bank on March 28.
The facility is designed to provide financing for projects which contribute to the sustainability and efficiency of the transport sector. It has an initial €200m allocation from the EU budget, which is intended to help leverage funding from national promotional banks and the private sector which might otherwise lack an incentive to invest in infrastructure.
The facility was welcomed by UNIFE, which said blending public and private funding ‘can be a valuable source of financing, in addition to ongoing support from EU funds that remains vital for rapid ERTMS deployment’
This article first appeared on www.railwaygazette.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2020 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.