Ayuso launches her plan for 40 public-private residences by granting a plot for free for 70 years to be exploited by a company
Ayuso introduces a public-private partnership plan involving the construction of 40 residences by giving a public land parcel for free to a company for 70 years.
Isabel Díaz Ayuso, the President of the Community of Madrid, has unveiled a plan to establish 40 public-private residential facilities by granting a significant public parcel of land, measuring 8,000 square meters, at no cost for 70 years. This land, located in the capital city and valued at over two million euros, will be utilized by a private company to construct a residential facility with a dual pricing model. The model will allow for both public and private placements, thereby generating various revenue streams for the enterprise.
The initiative will enable the publicly funded residential center to offer 80 places at a price set by the Administration, while simultaneously providing 120 private places at market rates. This strategy mirrors the framework of concerted education in Spain, where there is a blend of private management with public accountability and funding. The move has sparked discussion regarding the privatization of public resources and whether it will serve the residents' interests adequately or prioritize corporate profit.
This proposal sees the Community and the Madrid City Council collaborating closely, and it represents a broader effort to expand public-private partnerships throughout the region. By spearheading this agenda, Ayuso aims to address the growing demand for residential care options in Madrid, particularly emphasizing the provision of affordable public care, yet there remains concern about the implications such partnerships may have on the quality and accessibility of care available to all citizens.