Skip to main content

Spain’s 17 billion transport plan

The Spanish Government has set up its Extraordinary Infrastructure Plan (PEI), which is designed to stimulate the country’s economy and employment through investment in transport. In all the plan calls for public private collaboration investment of €17 billion, with €11 billion being used for new works and €6 billion for renovation and maintenance. Spending on roads will take €5.1 billion and the tender process for the various projects will commence in the second half of 2010. The economic impact on public
July 3, 2012 Read time: 1 min
The Spanish Government has set up its Extraordinary Infrastructure Plan (PEI), which is designed to stimulate the country’s economy and employment through investment in transport.

In all the plan calls for public private collaboration investment of €17 billion, with €11 billion being used for new works and €6 billion for renovation and maintenance.

Spending on roads will take €5.1 billion and the tender process for the various projects will commence in the second half of 2010. The economic impact on public funds will not be felt until 2014 as a result of the model used to pay for the works. The road concessions will be for around 30 years.

Related Content

  • Brazilian transport infrastructure development plans
    July 20, 2020
    The Brazilian Government is setting out its transport infrastructure development plans.
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
  • Bogota transport infrastructure boost
    April 26, 2016
    The Colombian Government is investing in road infrastructure development, with a large portion of the budget being directed to Bogota. The road infrastructure programme includes 22 projects that will help cut chronic congestion in Colombian capital Bogota. Construction works for Avenida Longitudinal de Occidente (ALO) road expansion are expected to start in the first half of 2016. These will run from the Mondonedo intersection to Boyaca Avenue, in the southern part of the city. The budget for this project i
  • Economic crisis affecting industry?
    September 14, 2015
    The recent news over the falling share prices around the world due to Chinese economic instability is of major concern for the construction sector. The knock-on effect of a downturn and economic instability in China has impacted around the world, with stock markets in Europe and the US having taken a tumble. This development should not be a surprise however. It is a situation that has been coming for some time due to the high level of spending in China and which many in the construction industry have bee