S&P’s recent research on how Spain’s turbulent political landscape is impacting the region’s infrastructure development is explored in an opinion article for specialist infrastructure publication InfraNews. Despite some promising developments for the sector in 2015 due to overall economic growth in Spain, a history of poor project management, combined with the recent general election result of a hung parliament, have raised serious questions over the future of infrastructure investment. The article highlights the key consequences of past mistakes and how Spain’s political parties intend to move projects forward, albeit with differing priorities. Certainly, until a unified government is confirmed, it is expected uncertainties will linger.
InfraNews dedicated a full page article to S&P’s findings, which can be viewed here (behind a paywall).