ACCIONA Infrastructure CEO, Luis Castilla, took part in the seventh edition of the Infrastructure Forum organised by KPMG, “Challenges in Infrastructure Management and Financing”, which took place on 24 July at the consultancy firm’s head offices in Madrid.
The event included the Secretary of State for Infrastructure, Transport and Housing, Pedro Saura, as well as representatives from companies in the sector: Luis Castilla, CEO of ACCIONA Infrastructure; Pablo Colio, CEO of FCC; Santiago García Salvador, Europe Manager for Dragados-Grupo ACS, and Manuel Beldarrain, Managing Director of Macquarie Capital.
Pedro Saura, Secretary of State for Infrastructure, Transport and Housing, spoke of the need to continue the rate of investment in order to achieve the economic growth targets. He also gave details about the Government’s commitment to a new infrastructure policy based on stability and predictability in light of potential risks facing the sector.
Public-private partnerships, key to infrastructure financing
At the subsequent roundtable session, the main reflections focused on the need to increase infrastructure investment, in which the use of public-private partnership mechanisms and models is fundamental. These models must have a clear and balanced approach to risk that incentivises construction firms, investors and financiers.
Accordingly, Luis Castilla identified the need to include private capital as one of the main challenges faced by the sector, not only in the area of transport, but also in other types of projects, such as water, waste management and social infrastructure.
The digitalization of the industry through new technologies such as Big Data, a commitment to develop sustainable infrastructures, and the added social value of these types of infrastructures were some of the trends mentioned by Luis Castilla during his talk.