The APB will make an investment of 52 million euros in 2016
Palma de Mallorca
08/02/2016
An investment of 52 million euros at the five ports of general interest is planned in the 2016 Business Plan approved by the Board of Directors of the Balearic Islands’ Port Authority. Of this quantity, 38.3 million euros come from a direct investment made by the APB and 14 million euros come from the private sector. It is important to highlight that the discounts on the port taxes have been applied on 2016 budget and that an upturn in the economic activity is expected to have an impact on maritime transport, and therefore, on incomes. On the other hand, 2015 year-end estimate was about 22 million euros, with a turnover of 68 million euros. These profits will be invested in goods transportation, regular and cruise lines and in actions that improve the economic activity of the islands. Planned investments Regarding ports, the APB will invest 13.3 million euros in Palma in 2016. We highlight the extension of the terrace Norte of the Poniente docks, as well as the extension and refurbishing of the maritime station number 6, which will make passengers boarding and disembarking easier. Other improvement works at the docks in La Lonja, Jonquet and San Magin for ships of direct management are planned, as well as the installation of a fire protection network at the port. In Ibiza the direct investment increases to 10.8 million euros in works at the terrace and docks at the foot of Botafoc lighthouse. Those works include the extension of the first berthing line for large ships, so that up to three cruises of more than 330 metres in length can sight land at the same time. An investment of 4 million euros will be made in Mahon for the improvement of the berthing line of the cruise dock and of the public lightning, for the installation of jetties for ships in Cala Corb and for the acquisition of lands.
