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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La secretaria de Estado de Transportes destaca el impulso inversor de los Presupuestos 2010

Secretary of State for transport stressed the investor momentum of the 2010 budget

08/10/2009

October 8, 2009

Secretary of State for transport, Concepción Gutiérrez, filed with the Commission of building of the Congress of Deputies, the budget for 2010 in your area, as well as companies and firms attached to such a secretariat of State: Aena, Renfe and ports of the State.

"Promote the territorial cohesion and social, maintain and improve the delivery of services and strengthen the pace of investment, with a consolidated investment group building of about 20 billion euros, an increase of 2.6 per cent, are the objectives pursued submitted budgets", as noted by Concepción Gutiérrez. Budgets that have the dual purpose of "to serve as a tool to alleviate the effects of the economic crisis and the development of the new production model".

Secretary of State for transport, alluded to the evolution that has occurred in the demand for transport and noted that "this demand is beginning to evolve positively and in this second half of 2009 and 2010 and which will definitely be consolidated in 2011". In this scenario, the Government has opted for "maintaining investment policies in the different modes of transport, at the time that will freeze rates airport and port, which leads us to appeal to the indebtedness to deal with these investments"", according to as authorized by the General budget law".

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