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.
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.
