PFM Board

Medium Term Expenditure Framework => Public Investment Management => Topic started by: petagny on June 01, 2012, 13:55:51 GMT

Title: Spanish White Elephants
Post by: petagny on June 01, 2012, 13:55:51 GMT

This article on the BBC website gives some examples of recent white elephant projects in Spain:

http://www.bbc.co.uk/news/business-18277681

Cultural venues and airports seem to have been favourite ways of wasting public money. There are plenty of similar examples from around the world, along with sports stadiums, motorways, high-speed railways and bridges.

Title: Re: Spanish White Elephants
Post by: petagny on July 27, 2012, 15:13:21 GMT

Here's some more on Spanish white elephants.

http://www.bbc.co.uk/news/magazine-18855961

Some real classics here! I particularly like the runway at Ciudad Real which is long enough to take the A380.