Spain needs €6.5bn road infrastructure investment, says SHA

Spain needs around €6.5 billion spent on its road infrastructure to bring it back up to ‘reasonable’ quality standard, according to a report drawn up by the Spanish Highways Association (SHA). The huge works’ bill is said by the SHA to be due to the deterioration of the roads since 1985. According to McKinsey, this investment could be reduced if tendering authorities made more effort when it came to project analysis. By improving the use of engineering services by 3% to 5% per investment, cost savings of
April 14, 2014 Read time: 1 min
Spain needs around €6.5 billion spent on its road infrastructure to bring it back up to ‘reasonable’ quality standard, according to a report drawn up by the Spanish Highways Association (SHA).

The huge works’ bill is said by the SHA to be due to the deterioration of the roads since 1985. According to McKinsey, this investment could be reduced if tendering authorities made more effort when it came to project analysis. By improving the use of engineering services by 3% to 5% per investment, cost savings of up to 40% could be gained.

Spain is increasingly distancing itself from the average investment made in engineering in Europe, as the government spends fewer funds on infrastructures despite their worsening state. According to Bricard Associates, Spanish investment in engineering comes to under 4.5% of total infrastructure investment, while the European average is 8.4%.
Road Structures Highway & Network Management

Related Content

  • IRF Geneva highlights making roads safe: a priority for all
    May 15, 2014
    IRF Geneva’s Susanna Zammataro highlights the importance of the Federation’s ongoing commitment to the work of the United Nations Road Safety Collaboration, with which she serves as co-chair of the project group dedicated to Safer Roads and Mobility On 10th April, the United Nations General Assembly was due to discuss a new global road safety resolution. For those who might dismiss this as just another piece of paper condemned to sit on government shelves and gather dust, this a reminder of a few facts
    Read More
  • Concern at high number of motorcycle deaths in US
    May 20, 2016
    Concern has been expressed at the high number of fatalities involving motorcycle users in the US during 2015. Preliminary figures from state authorities show that over 5,000 people were killed in motorcycle crashes in the US over the course of 2015. The full data has yet to be compiled and analysed but these early figures suggest an increase in motorcyclist deaths of 10% for 2014 compared with 2015, or around 450 more people killed than in the year previously. The report was released as part of the Gove
    Read More
  • Waste to road construction
    December 13, 2022
    In Australia, the use of waste materials in roads, including higher proportions of RAP, is gaining pace. Meanwhile, the industry in the US is looking to invest in net zero technologies
    Read More
  • Construction equipment market to grow - CEA report
    February 29, 2012
    The UK’s Construction Equipment Association attracted a large audience for its annual general meeting.
    Read More

Highlighted Content