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

  • Conference highlights Mexico's highway investment
    February 27, 2012
    At the recent PIARC World Road Conference in Mexico City the country’s president, Felipe Calderon, made a keynote opening address. Calderon emphasised that infrastructure investment and expansion forms a crucial component in the country’s future economy and as such, has been a priority for his administration. Calderon took office in 2006 and by the end of this year Mexico will have built or rebuilt some 19,000km of roads and highways in the country. Due to its proximity to the US, Mexico is highly dependen
    Read More
  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More
  • New safety barrier solutions protect road users
    February 21, 2012
    Novel safety barrier solutions are coming to market, writes Mike Woof The safety barrier market is a focus for innovative products designed to meet a range of different applications. The diverse range of vehicle types on the road poses numerous technical challenges to barrier manufacturers. At the same time, different applications such as motorcycle safety, end treatments, bridge barriers and roadside obstacle protection require novel solutions. Although motorcycles account for only a small proportion of ve
    Read More
  • A new report from ARTBA provides a worrying analysis of US transport
    June 22, 2012
    A new report released by the American Road and Transportation Builders Association (ARTBA) shows transportation improvement programmes are struggling in over half the US states. ARTBA’s analysis of state highway and bridge contract awards value was compiled by McGraw-Hill Analytics. This report finds that even when adjusted for inflation, the value of highway and bridge work let in 28 states and the District of Columbia over the past 12 months is less than they awarded in pre-recession 2008. “That’s a major
    Read More

Highlighted Content