The below article was written prior to the elections last Sunday, but is still of interest as it looks at many of the urban projects that are still pending and will be beneficial to the Costa del Sol property.
Work on the major infrastructure projects under way in the province of Malaga is soon to feel the effects of the government cutbacks. If during the first couple of years of the downturn public works helped keep the province’s economy afloat, the situation looks set to change. On Wednesday the Minister of Development José Blanco announced where he would make his cutbacks, which amount to savings of some 3,200 million euros on a national level
In an interesting move, the Spanish government has stated that there will be further investments in Spain’s road and railway infrastructure. The article was posted on the Business Week website(link below). I think this is worth mentioning on a property related blog, as better communicated regions should lead in time to a positive increase in property prices and a general betterment of the Spanish economy.
