EU allocates PLN 8 bln for transport projects in Poland

Today, in Warsaw, nine contracts were signed in relation to an EU financing program - The Connecting Europe Facility (CEF), which provides support the development of high performing, sustainable and efficiently interconnected trans-European networks in the fields of transport, energy and digital services. In total, Poland will receive PLN 8.19 billion of funds for co-financing of road, rail and sea projects, a statement informed. The Connecting Europe Facility (CEF) is a key EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. The total budget for CEF Transport, the aim of which is  supporting investments in building new transport infrastructure in Europe or rehabilitating and upgrading existing systems, is €24.05 billion for the the period of 2014-2020.