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EU doubles road/rail cash

6th June 1996, Page 7
6th June 1996
Page 7
Page 7, 6th June 1996 — EU doubles road/rail cash
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Which of the following most accurately describes the problem?

it The European Union is to double the

amount of money it plans to give to combined transport projects to more than £38m across the union over the next five years.

The PACT programme will give cash grants to road/rail and inland waterway projects in a bid to get m trucks off the roads. It has already contributed £130,00( the Piggyback Consortium in the UK to help the project off the ground.

An EU spokesman says PACT will fund projects t "would have difficulty in attracting commercial investmem