Port Authority of Balearic Islands (APB) earmarks more than EUR 37 million for Balearic Islands’ public interest ports in 2016

Port Authority of Balearic Islands (APB) earmarks more than EUR 37 million for Balearic Islands’ public interest ports in 2016

Palma de Mallorca

06/08/2015

Initial Budget Proposal for 2016 confirms that APB will invest EUR 37,6 million in Balearic Islands’ public interest ports. EUR 9 million will be earmarked for Palma Port –basically, for Dique del Oeste remodelling– according to Ministry of Public Works.EUR 5,7 million have been allocated to Botafoc docks (Eivissa). Finally, EUR 4 million will be earmarked for Maó Port (Menorca) for both Cós Nou dock and also to fund other necessary investments.