This publication analyses the evolution of the so-called “structural investments” that have been gaining an increasing importance, benefiting from the impetus of the Recovery and Resilience Plan. These are transversal multi-annual investment projects, under contract or in execution, by the Central Government and Social Security which are expected to leverage other investments. Structural public investment projects totaled 7.2 billion euros in the period 2019-2024, almost half of which within the scope of the strategic axis «A greener and more sustainable country», with emphasis on the area of «Mobility, Infrastructure and Communications». The «Program to support access to housing» is the project that involves the highest level of investment and is also responsible for the largest amount to be executed in next years. It should be noted, however, that the execution of structural investments has been lower than predicted in each State Budget. If well implemented and monitored, this instrument offers essential elements to support better planning of public investment. However, the current framework for structural investments has some problems that are identified in this publication and that limit its effectiveness as an instrument to conduct and discuss public policies.
Date of last update: 10/07/2025
