Guide to business in Spain Guía de negocios en España

INVEST IN SPAIN

4. Infrastructure


4. INFRASTRUCTURE

The Government intends to continue with its program of heavy investment in this area in the future.

A new Infrastructure, Transport and Housing Plan (PITVI) is expected to be approved which, based on an analysis of the current situation and a rigorous assessment of Spanish needs, will establish the priorities and action plans up to 2024.

The Plan's objectives notably include: (i) enhancing the efficiency and competitiveness of the global transport system, optimizing the existing capacity; (ii) contributing to balanced economic development; (iii) promoting sustainable mobility, combining its economic and social effects with respect for the environment; (iv) reinforcing territorial cohesion and accessibility to all State territories through the transport system; and (v) improving the functional integration of the transport system as a whole by taking an intermodal approach.

The motorway and dual carriageway network, of nearly 14,981 kilometers, has undergone constant renovation with a view to enhancing its efficiency and Spain is currently leads Europe in terms of kilometers of this type of roads. The improvement of the motorway and dual carriageway network, the construction of more than 3,500 kilometers of high-capacity roads, with investment of €18,668 million, and a further €6,200 million earmarked for improvements to the conventional road network are among the objectives of the plan.

Spain is ranked thirteenth[10] out of 148 countries in terms of road infrastructure.

As far as railway transport is concerned (where Spain has a network of almost 19,285 kilometers), high-speed networks have become a priority.

Madrid currently has high-speed train connections to 26 Spanish cities, with plans to inaugurate new lines in 2015, bringing high-speed rail to 17 new cities. The Barcelona-Paris line has also enabled a high-speed rail connection between the Spanish and French capitals, with a connection to the French border via Vitoria and Irún (the Basque Country) to be added shortly. In recent years, Spain has become a global high-speed rail pioneer, having multiplied the kilometers of high-speed lines in service more than five-fold, from just over 550 kilometers to more than 3,100 kilometers, with over 1,000 kilometers of new railway lines to be opened in 2015. Indeed, since its inception, approximately €45,120 million has been invested in the high-speed rail network, making a commitment to ensuring that 9 out of every 10 citizens live less than 30 kilometers away from a high-speed rail station. Spain has thus become the leading country in Europe and the second worldwide, after China, in terms of the number of kilometers of high-speed lines in operation, outperforming countries such as France and Japan.

Also noteworthy is the important network of relations with managers of railroad infrastructure in other countries, established as a result of signing cooperation protocols. In the context of these agreements representatives from a range of countries, such as the US and Brazil, have visited Spain to learn about its high-speed model. Spanish companies have participated in the construction of rail infrastructure and equipment in countries such as Turkey, Morocco, Mexico, Russia, Poland and Colombia, and in the construction of the high-speed line connecting Medina and Mecca in Saudi Arabia.

[10]Global Competitiveness Report 2013-14 by the World Economic Forum.

Guide to business in Spain

Spain: an attractive profile

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ICEX - Gobierno de España - Ministerio de Economía y competitividad
Elaborado por Garrigues - Abogados y Asesores Tributarios
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