CADIZ, Spain, Nov. 17 (Xinhua) -- The Iberoamerican summit going on in the Spanish city of Cadiz will be remembered for being the first summit in Spain with massive collaboration from private finance.
The last Iberoamerican summit held in the city of Salamanca in 2005 cost 9.5 million euros, while the Cadiz summit will only spend around 4.9 million, Deputy Prime Minister, Soraya Saenz de Santamaria said when she presented the budget for his department in May this year.
The cut went in line with fiscal restraint being implemented by the Popular Party government in Spain, but would not be possible without the collaboration of around 40 private companies, many of which have donated their services for free.
Examples of this help are car manufacturer Audi, who have loaned around 160 vehicles to help transport the 21 delegations which are currently in Cadiz. The company is also taking care of maintenance and cleaning the vehicles, while the fuel is supplied by Spanish petro-chemical giant CEPSA, which has its main refinery in the nearly city of Huelva.
Meals are being served to press and delegates in nearby former railway station, which was refurbished for the event by the construction company FCC, while private sponsorship provided all of the wine and soft drinks.
Spanish national railway company RENFE has also provided trains for visitors to the summit who did not travel by plane.
However, security cost a lot during the event. According to the Spanish Ministry of the Interior, 2,863 members of the National Police and Guardia Civil are present at the event with 1,674 police and 1,189 Guardias.