APB Plans to Invest EUR42.3 Million in Ports Development

A business plan approved by the Port Authority of the Balearic Islands’ (APB) Board of Directors at their last meeting has outlined an investment of EUR42.3 million for five ports of general interest in the Balearic Islands.

Around EUR16.3 million of this amount will be pumped into various infrastructure projects and improvement works of the Port of Palma, including the extension and restructuring works of marine terminal No. 6 and the new developments of the Western docks.

“Both actions are aimed at improving ground handling services and the activity of passengers on cruise ships docking at the island,” APB said in its announcement.

The Port of Ibiza is set to receive an investment of EUR5.1 million and EUR1.5 million will be allocated for the completion of the Es Martell development works, according to the release.

A portion of this budget also covers the initial works of the Botafoc harbor station, as well as the development of projects such as the future restructuring of the port.

EUR400,000 will be allocated to the landscaping project at the Port of La Savina, APB said.

No new infrastructure is set to be built in Alcúdia in 2017. The budget apportioned to this port will be used to foster projects to be implemented in coming years.

 

 

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