The European Commission has on 11 September 2014 invited Member States to propose projects to use €11.9 billion of EU funding to improve European transport connections. This is the largest ever single amount of EU funding earmarked for transport infrastructure. Member States have until 26th February 2015 to submit their bids.
The funding will be concentrated along 9 major transport corridors which, taken together, will form a core transport network and act as the economic life-blood of the Single Market. The funding will remove bottlenecks, revolutionise East-West connections and streamline cross border transport operations for businesses and citizens throughout the EU.