Cinco Dias / Standard & amp; Poor’s believes that Spain should analyze the “viability and profitability” to build more kilometers of railway lines for high speed, since it already has the second largest network AVE world after China.
“Most public investment in infrastructure in Spain in recent years, and in 2016, has been earmarked for the expansion of the AVE network, “the rating agency.
” in our opinion, may be useful analyze the feasibility and rentabililidad adding more kilometers to the Spanish AVE network, “adds the company said in a report on the effect that the current situation of political uncertainty may have on the infrastructure sector in Spain.
in this sense, it believes that the situation of political fragmentation and doubts about the formation of the new government create “uncertainty” about the evolution of investment in long-term infrastructure.
this uncertainty is added to “problem” that Spain lacks any strategy or defining the future in terms of infrastructure.
in this sense, the rating agency claims that successive infrastructure plans Spain have always been influenced by the Government on duty and “not a strategy and baking long term that transcends a Legislature”
in addition, S & amp;. P notes that the doubts in the sector arise after the “surge” that funding for infrastructure experienced in 2915 for “the biggest investor appetite” and the recovery of the Spanish economy.
therefore, the firm believes that Spain should design a long-term infrastructure plan, “consensual among all industry players “and projecting beyond the four-year rule”.
The company also claims that this plan has the support of technical professionals and not just politicians, in order to avoid cases of obsolete provisions or bankrupt as some of the built in previous years the crisis, among which cites the Ciudad Real or Castellón, the radial motorways, the AVE under the Pyrenees or the City of Justice in Madrid
S & amp;. P recognizes that Spain already has a good provision of infrastructure such as roads and railways, but says he must “pay attention” to sectors such as endowments related to water.
in its report, the agency ruled out against the current scenario political will affect the infrastructure sector in the short term, since the investment for 2016 is already approved and the “solidity” of the Spanish institutions to run in the temporary absence of the Executive. Further it considers that the Government will eventually be formed will have a limited scope for changes to the budget
S & amp;. P questions to be profitable build AVE in Spain
Information Five Dias
http://entornointeligente.com/articulo/7897809/SP-cuestiona-que-sea-rentable-construir-maacute;s-AVE-en-Espantilde;a
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