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

  • Australia bites the bullet on roads reform
    August 2, 2012
    Predictions of impending doom for Australia's roads infrastructure have given the nation's governments and roads stakeholders the fright they needed to collaborate on roads policy. If the latest initiatives Australia is putting in place do produce the full extent of the roads reform required, there will be some lessons there for the whole world Whether through pride or stubbornness, or a combination of both, each state and territory of Australia has always liked to do things its own way. To some extent and
    Read More
  • ALARMing UK road statistics, from the Asphalt Industry Alliance
    March 27, 2017
    Within years, one in six of UK local roads will need repairs or face closure, according to the latest Annual Local Authority Road Maintenance – ALARM - survey. The cumulative effect of an ageing network, decades of underfunding, increased traffic and wetter winters has led to around 17% of all local roads reportedly in poor structural condition, with less than five years of life remaining. The 22nd annual ALARM survey is a comprehensive study into local road maintenance funding and conditions. Loca
    Read More
  • US highway bill
    August 13, 2012
    After long delays the US Government has finally signed its highway reauthorisation bill. “This is a good, bipartisan bill that will create jobs, strengthen our transportation system and grow our economy,” said US transportation secretary Ray LaHood. “It builds on our safety efforts. The bill also provides states and communities with two years of steady funding to build the roads, bridges and transit systems they need.” Funds for transportation projects will come from the Highway Trust Fund as well as genera
    Read More
  • Rebuilding a historic bridge linking the US and Canada
    March 8, 2016
    While many road authorities in North America are finding it difficult to stretch their bridge assets beyond half a century, one bridge is closing in on its centenary - David Arminas reports The international Peace Bridge, connecting the Canadian province of Ontario with the US state of New York, is 88 years young this year, and still going strong.
    Read More

Highlighted Content