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

  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More

Highlighted Content