Alt CampAlt EmpordàAlt PenedèsAlt UrgellAlta RibagorçaAnoiaAranBagesBaix CampBaix EbreBaix EmpordàBaix LlobregatBaix PenedèsBarcelonèsBerguedàCerdanyaConca de BarberàGarrafGarriguesGarrotxaGironèsLluçanèsMaresmeMoianèsMontsiàNogueraOsonaPallars JussàPallars SobiràPla d'UrgellPla de l'EstanyPrioratRibera d'EbreRipollèsSegarraSegriàSelvaSolsonèsTarragonèsTerra AltaUrgellVallès OccidentalVallès OrientalAlt CampAlt EmpordàAlt PenedèsAlt UrgellAlta RibagorçaAnoiaAranBagesBaix CampBaix EbreBaix EmpordàBaix LlobregatBaix PenedèsBarcelonèsBerguedàCerdanyaConca de BarberàGarrafGarriguesGarrotxaGironèsLluçanèsMaresmeMoianèsMontsiàNogueraOsonaPallars JussàPallars SobiràPla d'UrgellPla de l'EstanyPrioratRibera d'EbreRipollèsSegarraSegriàSelvaSolsonèsTarragonèsTerra AltaUrgellVallès OccidentalVallès Oriental
CA|ES|EN

Diari de Catalunya

Catalan Government and ERC Present Future Investment Consortium

The body, to be debated in the Spanish congress, seeks to transform the management of state investments and reverse the infrastructure deficit.

Generic image of two hands shaking over a desk, symbolizing an agreement.
IA

Generic image of two hands shaking over a desk, symbolizing an agreement.

The Catalan Government and ERC today presented to economic agents the future Investment Consortium, a new body designed to improve the management and execution of state investments in Catalonia, aiming to move from complaint to proposal.

The Minister of Economy and Finance and ERC's Director General were responsible for detailing this initiative, which will be debated on April 28 in the Spanish Congress, once the republican party's bill has been accepted. The proposal, a result of an agreement between the Catalan Government and ERC, foresees the consortium having a commercial company capable of tendering and awarding works, as well as drafting multi-year plans and establishing corrective measures if 95% of budgeted projects are not executed.
The presentation took place at the headquarters of the Cercle d'Economia in Barcelona, with the presence of various officials from the Catalan Government, ERC, the PSC, and representatives of the economic sector. This initiative is part of the commitments of the investiture agreement between the PSC and the republicans, which contemplated the creation of a parity body between the state and the Generalitat to manage state investments in the Catalan territory.
ERC's Director General exemplified the current infrastructure deficit with the low execution of Rodalies investment plans between 2000 and 2020, which was below 10%. He also mentioned the lack of construction of strategic projects such as the transversal railway axis and the orbital railway line, whose urban plans have been approved since 2010.
To ensure a change in this trend, the consortium foresees its commercial company being responsible for drafting multi-year investment plans that will prioritize the most necessary works. Thus, once the Spanish government allocates the budget for Catalonia, this business entity will manage the funds for the tendering and awarding of works.
Nevertheless, the project requires a "legal reserve" for the state to be part of it, a requirement that needs validation from the full Congress. Without guarantees of the measure's success, the republicans plan to present the proposal this week to other political forces to facilitate the start of parliamentary processing. If it passes the first debate on April 28, the bill will enter an amendment period before receiving final approval, and the consortium could be operational within three or four months.

Related News