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Meeting the Sustainable Development Goals requires investing at least €103 billion in priority, environmental, and social infrastructures over the next ten years.
At the current pace of investment and contracting, it will be impossible to achieve the Sustainable Development Goals (SDGs) set by the United Nations, according to data from SEOPAN, Association of Construction and Infrastructure Concession Companies, which has added that to comply with this 2030 Agenda, it is necessary to invest at least €103 billion (M€) in various priority areas for improving mobility, citizen well-being, and sustainable development over the next ten years.
However, public investment in Spain remains at historically low levels, equivalent in terms of GDP to that of 1980, and with the lowest investor ratio in the European Union (EU). Despite the recovery of public contracting by the Ministry of Transport, Mobility and Urban Agenda in 2019, the volume contracted by our Public Administrations (AAPP) in 2019 is €9,890 million, 42% lower than that carried out before the start of fiscal consolidation in 2010.
According to Julián Núñez, president of SEOPAN, “The spending situation and forecasts of our social agenda (pensions, health, and education) do not allow for a 40% increase in public investment to meet these Goals, so the only viable option is to recover the concession model, which has been out of use since 2012, and to leverage the public assets we have through the participation of direct users in their economic sustainability, particularly our road network, just as other countries in the European Union do.”
Data: SEOPAN
