Similar to Portugal, Spain has built a majority of its National Highway System through concessions and, in the near future, will have more than half of this system under active PPP concessions. Since the 1960s, Spain has pioneered the concession model for infrastructure development and has continuously sought better ways to improve the effectiveness and efficiency of its approach. Along the way, it has also built a global industry that is positioned to provide highway development, operations, and financial services anywhere in the world.