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Wed May 29 2024

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Spain plans greater role for PPP

27 Jun 12 Spain’s development minister Ana Pastor has said the country will search for more publi-private partnerships under the new infrastructure plan to be published next month.

The plan for infrastructure, transport and housing will cover the period to 2024 and will target efficiency and comprehensive planning. In terms of financing, she said, it will cover budgetary resources and those from the European Union, as well as the search for more public-private partnerships.

Pastor was speaking at a conference ‘Towards a new model of transport infrastructure management’  organised by the International University Menéndez Pelayo, which is working to identify projects in which new forms of public-private partnership are visible and sustainable. This new model seeks to advance the investments that have clear positive effects such as generating wealth and employment for that, so the government can spend resources on other services or facilities.

In addition, Pastor indicated that it is essential to prioritise investments that add value to society. Better infrastructure development will help contribute to economic development and job creation, she said.

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