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

  • Indonesia’s road revamp is seeing new road transport connections
    July 16, 2018
    Indonesia’s road development programme is continuing, with a series of major projects being carried out across the country that will boost transport connections. State funding will help progress on the Trans-Sumatra toll road, paying for six sections of the road link. In all the 1,480km toll road project is expected to cost nearly US$11.85 billion, with state funding paying for a significant portion of the work So far the state-owned construction firm, Hutama Karya, which is building much of the route has
    Read More
  • Road improvement plan laid out for Canada’s Prince Edward Island
    August 1, 2019
    The Canadian Atlantic province of Prince Edward Island will invest around US$170 million over four years to improve roads, including resurfacing 270km of highways. Projects will include the replacement of 18 bridges, according to a statement from Infrastructure Canada, a federal agency through which the central government will funnel $83.5 million towards the work. The province will provide $86.5 million, noted the agency. PEI is one of the three maritime provinces and is the smallest province of Cana
    Read More
  • Indian infrastructure investment plans
    April 27, 2012
    In India innovative infrastructure investment plans are being drawn up intended to help develop the country's highway network. The National Highway Authority of India (NHAI) plans to finance its road projects by issuing bonds.
    Read More
  • Paraguay’s major transport plans for road development
    May 26, 2016
    Paraguay is setting out plans for a series of major road development works, with this programme being planned by the country’s Ministry of Works. The Paraguayan Government says it will spend some US$1 billion on road projects in the area around Chaco, with those of highest priority being built within the next two years. The most important of the projects is the bi-oceanic corridor, which is expected to cost some $700 million to construct. The work on the bi-oceanic corridor is receiving financial support fr
    Read More

Highlighted Content