THE cost of Spain’s high speed railway set to be built in the near future has been calculated at €27,000 million.
To date, the country has already poured €70,000 million into its AVE service, while each kilometre of track costs €11 million to build and €150,000 per year to maintain.
While an El Pais article claims ‘no Spanish AVE line is profitable’, hotel stays appear to have dropped by 8% in cities connected by the service according to the Foro del Transporte.
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