HUF 1,032 bn for Hungary’s Integrated Transport Development Operational Programme 2014-2020
The European Commission has approved Hungary's Integrated Transport Development Operational Programme (ITOP), attracting EU funds worth HUF 1,032 billion. The electrification of railway lines, the elimination of railway bottlenecks and slow zones, the acquisition of suburban multiple units and local buses and the establishment of passenger transport hubs and transit connections are among the projects to be implemented in 2014 - 2020.
As a result of the developments, the accessibility of cities, towns, and economic regions of outstanding importance is to improve in all parts of the country. The service standard of community transport is to increase; travel times are to noticeably shorten along the Hungarian railway network. ITOP includes supporting the completion of earlier started projects implemented in sections as well as preparing new investments. In addition, the Connecting Europe Facility (CEF) may contribute by another HUF 400 bn to the development of the Hungarian sections of international road, railway and waterway core network corridors.
Within the framework of the two operational programmes, the Integrated Transport Development Operational Programme (ITOP) and the Environment and Energy Efficiency Operational Programme (EEEOP), Hungary can spend, considering own funds as well, almost HUF 2,400 bn on transport, environmental and energy efficiency investments in the years to come.
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