A new internationalisation plan to boost Spanish transportation and infrastructure
The Spanish Ministry of Development has announced an Internationalisation Plan for Transportation and Infrastructure, aimed at improving foreign business for Spanish companies in the fields of infrastructure and transportation.
The plan will focus on 11 priority markets, offering projects budgeted at more than 2.5 billion euro and being developed over the next ten years. The countries are Australia, Canada, Colombia, Mexico, Norway, Peru, Saudi Arabia, Sweden, the UK, the United Arab Emirates and USA.
The infrastructure and transportation projects to be carried out in the above-mentioned markets include high-speed rails in USA (California), the UK and Sweden; the expansion of Jorge Chávez International Airport in Peru (Lima); the rehabilitation of New York and San Diego airports in USA; and the development of the new Sidney airport in Australia.
To these we should add the expansion of the underground networks in Lima, Peru, and Bogota, Colombia; the expansion of CTrain (light rail transit system) in Calgary, Canada, and the development of Crossrail 2 (the proposed rail route in South East England) in the UK; and foundation work for the E-39 coastal highway route in Norway, the WestConnex motorway in Australia and King Hamad Causeway in Saudi Arabia.
In addition, the Internationalisation Plan for Transportation and Infrastructure 2018-2020 identifies nine opportunity markets for Spanish companies: Argentina, Chile, Denmark, Egypt, India, Israel, Malaysia, Morocco and Singapore.
The Internationalisation Plan sets forth six guidelines for action, four of which shall be applied in 66 different projects in priority markets.
The remaining two guidelines will apply in all markets to 44 projects. Thus, the plan envisages as many as 110 infrastructure and transportation projects, aimed at strengthening these industries in Spain and enhancing coordination between public agencies and private companies by means of a comprehensive strategy.
Currently, the Implementation Plan is in its consultation stage, which means stakeholders can leave comments or suggestions for improvement on the form available at the Ministry of Development website until 30 January 2018.