The Spanish Government has committed €2.24 billion (£1.89 billion) to improving rail infrastructure in northern Spain.
This investment forms a large part of the country’s Master Plan for the Atlantic Corridor, a cross-border network that will connect cities across Western Europe, including Lisbon, Madrid, Paris, Strasbourg, Mannheim and Le Havre, with high-speed rail links.
The funding is part of an overall €2.8 billion (£2.37 billion) package for transport infrastructure in Spain’s northern Asturias region. This will be split between €2.13 billion of funding for EU projects to be completed by 2030 and €675 million for longer-term infrastructure developments planned by Spain’s Ministry of Transport and Sustainable Mobility, to be completed by 2050.
Spanish Secretary General of Land Transport, Marta Serrano, commented during the presentation of the Master Plan for the Atlantic Corridor: “The actions of the Corridor are fundamental to the infrastructure of Asturias and the country as a whole.
“It is a strategic commitment from the Ministry, which is mobilising a large amount of European funds and the State budget to put this infrastructure into service and make it useful for citizens."
The improved rail links will be particularly beneficial for business, with improved connections between ports on the Iberian peninsula and business hubs in France, Germany, and other countries in Western Europe.
Image credit: iStock; video credit: Ministry of Transport and Sustainable Mobility