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View Full Version : [Reuters] Spain to invest 20bn euros in transport


Donal Quinn
09-10-2008, 08:44
check out the % - 50% in railways and 29% roads...

MADRID, Oct 8 (Reuters) - The Spanish Public Works Ministry said on Wednesday it expected to invest 19.27 billion euros ($26.3 billion) on infrastructure next year.

The Ministry said this was equivalent to 1.93 percent of gross domestic product, compared to 1.8 percent in 2008.

Around 50 percent would be invested in railways, 29 percent in roads, 10 percent in ports and 9 percent in airports, the Ministry said.

The work is part of Spain's 15-year, 250 billion euro infrastructure plan that runs up to 2020 -- one of the biggest of its kind in Europe.