Page 90 - economic report 2021

As for the subsector of public works, in 2021 Real investment by the Comú
the Comú governments invested much more governments increases but that of the
than in 2020 and largely reversed the major
contraction seen in 2020. In contrast, the central Government decreases.
central Government continued to reduce
investment for the second consecutive year, as it bore the bulk of the increased expenditure
for the pandemic. The settled aggregate real investment of the central and Comú governments
(chapter 6 of the budget) is €63.6 million, 6.2% more than in 2020 (close to 60 million). This
increase contrasts with the 32% decline seen in 2020 and regains the expansionary path of the
three years prior to the pandemic (12% in 2019, 25% in 2018 and 19% in 2017).

In relation to the Government, in 2021 settled investment (chapter 6) rose to €25.3 million, a figure
that represents a significant decline of 24.6% from 2020 which, in turn, had fallen another 25.6%
since 2019. This meant that the figure for investment by the Government in 2021 is the lowest
since 1995. If we add capital transfers (chapter 7 of the budget) which saw an increase in 2021
(to €32.6 million), the total investment effort of the Government rises to almost €58 million, an
amount that represents a decline of 10.7% since 2020. A major part of this investment relates to
the Ministry of Land and Housing, specifically
€23.9 million; this amount represents a decline
GOVERNMENT PUBLIC WORKS. SETTLED of 26% since 2020, added to the -27% in 2019.
PUBLIC INVESTMENT* BY PROGRAMMES Table 11.2
(categories) The table 11.2 details the public works settled
in 2020 and 2021 by the Ministry of Land and
Description 2020 2021
Housing, by programmes. These last two years,
Administrat ve infrastructure 3,454,683 € 1,040,175 €
88 Judicial infrastructure 2,295,012 € 86,307 € the higher current expenditure requirements
associated with the pandemic affected
Infrastructure - Fire Stat on - -
investment in infrastructure. The categories
Prison building 2,111 € -
The Andorran economy: developments in the main sectors | XI. Construction and related industries
that saw the most important reductions in the
Health & social infrastructure 754,322 € 3,314,033 €
School infrastructure 5,157,941 € 4,219,821 € monetary value of investment in 2021 were
administrative infrastructure (€2.4 million
Educat on 1,843 € ---
less), road maintenance (€2.4 million less) and
Sports infrastructure 17,612 € 359,708 €
Sanitat on 94,702 € 79,293 € judicial infrastructure (€2.2 million less, on
Natural Heritage management 78,223 € 145,604 € finalising the new Justice headquarters). In
& conservat on 2021, investment in school infrastructure also
Cultural infrastructure 1,369,972 € 1,588,412 € decreased and for river and stream treatment.
Central government 530,997 € 487,912 € In contrast, the programme that saw the
Main roads, road infrastructure 5,850,146 € 4,515,156 € greatest increase in absolute value was health
Other roads 415,650 € 231,469 € and social infrastructure (€2.6 million more),
Road maintenance 8,865,398 € 6,495,339 € in response to the pressure on hospitals from
Natural risks. 615,901 € 553,164 € COVID-19.
Protect ve infrastructure
Sectoral plan. 1,266,746 € 6,875 € As for the Comú governments, settled real
New road infrastructure
investment increased 45.5% and was €38.3
River & stream treatment 1,037,243 € 179,979 €
Cartography & topography 67,054 € 158,379 € million, only 12% below the 2019 investment
Road surfacing - CG, CS & streets - - figure, being one of the years of greatest
Industrial infrastructure 260,930 € 264,554 € investment by the Comú governments. By
Strategic & transport projects 275,055 € 193,464 € parishes, the most important investment
expenditure was in Andorra la Vella, with €10.2
Total 32,411,541 € 23,919,644 €
million: Encamp, with €9.1 million, and Canillo,
*Amount of set led public works relat ng to investment by the with €7.2 million. Next, but with much lower
Ministry of Land and Housing.
volumes are Escaldes-Engordany, with €3.9
Source: Ministry of Land and Housing.
million; La Massana, with €3.2 million; Ordino,