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July 4, 1990

SPAIN MUST UP HIGH-TECH SPENDING

By CBR Staff Writer

According to a report from Andersen Consulting, Spanish industry must increase its investment in new technologies to $2,800m by 1992 in order to compete in international markets. This would also mean increasing investment in new technologies at a greater rate than the other industrialised countries in Europe. The report, based on replies from over 300 top Spanish executives, emphasises better product quality control as the latter’s main concern when implementing new technologies as they strive to satisfy customer expectations in fields of design, operation and service. They are also keen to reduce the cost of manpower and materials.

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