The PERTE Aerospace is a strategic research and innovation project that will train the Spanish aerospace industry in the face of the new challenges and opportunities that the sector is experiencing and will position it at the forefront of the world. It is the first international PERTE of the Government of Spain, which combines recovery funds from Spain and Portugal and includes cooperation projects through the European Space Agency (ESA). It is a transforming country project around space, a basic and often unknown sector, on which the daily life of citizens depends and which represents a great potential for growth for the economy.
The general objective of PERTE Aerospace is to position the Spanish aerospace sector as a key player in the face of the new challenges and opportunities associated with the major transformations planned in the sector.
To achieve this goal, partial goals have been established that contribute to the achievement of the global goal.
The Aerospace PERTE is structured in three pillars: Aeronautical, Spatial and Transversal.
The Aeronautical Pillar is supported by 5 performances, the spatial one by 6 and the transversal one by 7, which constitutes a total of 18 performances. Additional activities included in the Addendum are currently being negotiated.
This strategic project has an assigned budget of public aid, the execution of which is distributed in five years (2021-2025), of 2193.09 M €. Considering the nature of the aid from the various actions with specific funding included in it, it is estimated for each of them a carry-over effect of direct investments from the private aerospace sector, amounting to a total of € 279.30 million.
La suma de estas ayudas públicas e inversiones privadas directas supone una inversión total en I+D+I aeroespacial directa de 2472,39 M €.
Esta inversión en I+D+I aeroespacial directa genera además una inversión indirecta, fundamentalmente, en el sector privado que recoge el multiplicador de inversión total 1834 estimado por KPMG. De esta forma, la inversión total en I+D+I generada directa o indirectamente por este PERTE asciende a 4533,66 M €.
This funding is articulated through the following instruments:
Developments in the aerospace sector have multiple fields of application.
The Aerospace PERTE is marked by a clear international component essential in the sector.
The different investments and actions that make up the Aerospace PERTE are designed to generate remarkably positive impacts of different nature. Among all of them, it is worth highlighting the strengthening and training of the Spanish aerospace industry, which will contribute to increasing its competitiveness and improving its positioning in the global environment in which it operates.
Según Oxford Economics, la tasa de retorno social generada por programas aeronáuticos de I+D+I en el PIB es del 70 % anual. Esto significa que por cada 100 euros invertidos en I+D+I aeronáutica, en 10 años el PIB se incrementa en 700 euros. Dado que el sector aeronáutico supone el 77,4 % del sector aeroespacial, es razonable asumir una tasa de retorno social similar para el conjunto de la actividad de I+D+I aeroespacial.
Aplicando la citada tasa de retorno social de Oxford Economics a la inversión total en I+D+I aeroespacial de 4534 M € inducida por este PERTE se estima en 10 años un incremento del PIB de 31 735,6 M €. Assuming an annual growth of 2% in GDP over these 10 years, the impact on GDP of the aerospace EERP is estimated at 0.22%.
The impact on direct employment of PERTE’s total investment of 4534 M € is estimated, considering the TEDEA direct turnover/direct employment ratio in 1899 high-skilled jobs (R+D+I and related activities).
To this figure could be added, in the long term, another amount of employment derived from the estimated increase in GDP of 31 735.6 M € induced by the PERTE. Considering the economic impact ratio of the 2020 TEDAE turnover/total employment of the KPMG report doubling in 10 years, an employment impact of 14 079 jobs would result, of which 4607 would be direct and 9471 indirect.
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