MARCO POLO
January 1st, 2002
BY ALAN OSBORNTHE EUROPEAN Commission is to provide Euro 115 million in grants, (Pounds 71 million), which could be tapped to support investment into new intermodal freight projects enabling road transport operators to transfer cargo to rail and shipping services.Brussels said today, (Monday), that it would jointly finance projects designed to ease transport congestion in the EU by switching freight shipments from roads to short sea shipping, rail and inland waterways in the five-year period 2003-2007.The so-called Marco Polo programme will cover an expected ...
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