Pedro Sánchez announces the expansion of the Barajas airport with an investment of 2.4 billion euros

ECONOMY / By Luis Moreno

This Friday, President Pedro Sánchez announced the launch of a groundbreaking project to expand the Adolfo Suárez Madrid-Barajas airport. With an investment of 2.4 billion euros, this initiative aims to increase the airport’s capacity to accommodate 90 million passengers by 2031. This investment marks Spain’s most significant airport infrastructure expenditure in the last decade.

During his address at the International Tourism Fair (Fitur), Sánchez highlighted the three key benefits of this investment: substantial growth in facilities and routes, the creation of numerous direct and indirect jobs, and the generation of substantial wealth.

The ultimate objective for this airport, according to President Sánchez, is to strengthen its position as a leading hub with Latin America and develop another hub with Asia through the establishment of new routes and partnerships with airlines serving the continent. Furthermore, he emphasized the commitment to environmental sustainability by pioneering the construction of the largest solar energy plant in an airport.

Additionally, President Sánchez provided an overview of the latest data from the Active Population Survey (EPA). He highlighted 2023 as a remarkable year, with the creation of over 780,000 jobs in a single year. Furthermore, he emphasized the increase in the number of households where all members are employed, indicating that Spain is defying the odds and continuing to grow despite challenging conditions.