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

  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
    Read More
  • Colombia’s ANI agency is driving forward the 4G PPP programme
    April 4, 2016
    Andrade Moreno is a man on a mission. The head of Colombia's infrastructure agency ANI explains how the organisation is giving foreign companies increasing confidence to invest time and money in the country. David Arminas reports Change, especially when it touches the highest levels of South American business and politics, can bring with it personal danger. Luis Fernando Andrade Moreno, president of Colombia's National Infrastructure Agency - ANI - was aware of this when he took on the role in 2011. B
    Read More
  • France a star in road safety
    September 3, 2012
    In the past, France had a poor road safety record. This has turned around to make the country a success story
    Read More
  • IBTTA - infrastructure investment
    February 17, 2012
    The International Bridge, Tunnel and Turnpike Association (IBTTA) is giving its backing to strong investment in US infrastructure.
    Read More

Highlighted Content