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

  • Official sale of M6 Toll to be launched in September
    August 23, 2016
    An information memorandum that will officially launch the sale of M6 Toll, the UK’s only toll road, will be sent out to interested buyers in September. No date is set for sending out the IM, according to sources, but the 43km six-lane asset around the English city of Birmingham could be going for slightly less after the UK’s European Union referendum vote in June. The result of the so-called Brexit – ‘British exit’ of the EU – referendum was won by the no-to-Europe side and the UK is now setting up t
    Read More
  • Fluor and ACS Infrastructure Canada win Gordie Howe Bridge deal
    October 2, 2018
    Bridging North America will build the Gordie Howe Bridge, named after a famous Canadian ice hockey player and leading scorer A partnership including Fluor Canada and ACS Infrastructure Canada has been chosen to design, build, finance, operate and maintain the Gordie Howe International Bridge project. The client, Windsor-Detroit Bridge Authority (WDBA), announced the appointment of Bridging North America group in the Canadian city of Windsor, across the Detroit River from Detroit in the US state of Michig
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Paraguay to invest US$500mn in roads during 2014
    January 21, 2014
    Paraguay’s Ministry of Public Works and Communications (MOPC) is this year said to be planning to invest US$500 million in the South American country’s roads. The figure is said to be part of a proposed infrastructure investment of $7.66 billion for the period 2013-2016. Among the 2014 road projects will be the estimated $84.46 million repair of Route 8 -72.9kms – put out to tender by the MOPC in December 2013. All bids must be submitted on 29 January 2014. Route number 9 -Transchaco- between Mariscal Est
    Read More

Highlighted Content