Spain's investment in Catalan transport infrastructure falls to lowest level in 20 years
Barcelona’s Chamber of Commerce reported this Thursday that 2015 was the worst year in the historical data series, which dates back to 1997, in the rate of state investment in the transport infrastructure in Catalonia. Specifically, the Spanish Government executed only 59% of the budgeted investment in Catalonia, below the average of all the Spanish Autonomous Communities, which stood at 72%. The president of the Chamber, Miquel Valls, lamented in a press conference that the low degree of implementation of investment occurs on an initial budget which is already relatively small for Catalonia. Last year, the Spanish executive budgeted for the region 9.9% of total state investment in transport infrastructure, despite the Catalan GDP accounting for 18.9% of the state’s overall GDP.