New Railway Corridor to Provide Huge Boost for Spanish Economy

A huge railway development is to put the Vallès, Besòs and Llobregat areas of Eastern Spain in pole position for inward investment from commercial property developers.

Backed by the Spanish Government and the European Commission, the €50bn Mediterranean Railway Corridor will connect Spain’s biggest ports and cities to France and the rest of Europe. Running through major industrial areas like Barcelona, Valencia, Alicante, and Murcia, the project – which will create a High Speed Rail service for passengers and also carry freight – will unlock previously inaccessible sites for development.

The line will have major economic benefits for the strategic locations of the Barcelona Economic Triangle – including Vallès, Besòs and Llobregat. It will also travel inland towards Grenada, Seville and Algeciras. It is estimated the project will create 65000 jobs and save more than €30bn in road to rail transport connections between 2016 and 2045. The areas on the route account for 50% of the Spanish economy, 50% of the population and 60% of the country’s exports.

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