PFM Board
Medium Term Expenditure Framework => Public Investment Management => Topic started by: petagny on August 26, 2013, 09:32:46 GMT
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The motorway network has expanded from 300km to 3,000 km and Portugal now has 60% more kilometers of motorway per inhabitant than Germany. Seems that a lot of that motorway space is empty and getting emptier though. Many motorways were financed through PPP deals, one of the main advantages of which is to shed risk; however, the risks from these deals seem to have fallen disproportionately on the state.
Read more at:
http://www.ft.com/cms/s/0/59949c24-0a3a-11e3-9cec-00144feabdc0.html#axzz2czbs3vSt