PPP key to Spanish project funding

The regional authorities in the Spanish Andalucia region are looking to the PPP model to develop infrastructure projects.
February 24, 2012 Read time: 1 min
The regional authorities in the Spanish Andalucia region are looking to the PPP model to develop infrastructure projects. A total finance deal worth some €768 million should be raised using the PPP structure so as to pay for five projects, which includes three road contracts. However the region originally had plans for €2.6 billion worth of infrastructure projects. The PPP model is being seen as the best way to progress with much needed infrastructure work in Spain given the severe financial problems the country is undergoing at present.

Related Content

  • Bridge safety should become a key US concern
    May 14, 2018
    Bridge safety is a key concern in the US, where so many structures are deficient - *Mary Scott Nabers. There are more than 54,000 structurally deficient bridges in the US. That designation does not mean the bridges are in imminent danger of collapsing, but it does mean that they need immediate attention. That fact becomes more alarming when one realises that every day more than 174 million motorists drive over the nation’s structurally deficient bridges. And, there are no plans for repairing the majority of
    Read More
  • New international trade crossing linking Canada and US
    June 9, 2015
    The Detroit River is short, only 45km, and narrow in places, less than 1km. Around a quarter of the annual $658 billion Canada-US trade crosses over the river. That’s $160 billion worth of goods trucked each year between Detroit in the US state of Michigan and the Canadian city of Windsor in the province of Ontario - the Windsor-Detroit Corridor. There are several types of crossings, but the vast majority of commercial traffic must use the 2.3km Ambassador Bridge (see box). A new bridge was initially prop
    Read More
  • Australia highway projects being planned
    November 24, 2015
    Key highway projects are progressing in Australia. In the state of Victoria, the authorities are planning a road widening project for the Monash Freeway that will cost an estimated US$289.54 million (A$400 million). The project calls for the route to be widened to five lanes in either direction for the stretch between the EastLink and the South Gippsland Highway.
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More

Highlighted Content