Alcudiamar extends the deadline for its concession

Alcudiamar extends the deadline for its concession

Palma

07/04/2016

The Board of Directors of the Balearic Islands' Port Authority (APB) has approved the extension of the deadline for the concession of Alcudia's tourist port and marina to the firm Alcudiamar. The extension is for 12 years more, until 2030, so the concession will be valid for 42 years.
 
Alcudiamar is committed to making an investment of 21.773.185 euros in this period and to pay an annual fee of 2.712.000 euros. Besides, it will contribute with 600.000 euros to the State Fund of Port Connectivity, through which the Spanish ports of general interest fund road and railway networking projects outside their service area. These projects are necessary to provide the ports’ facilities with the adequate accessibility and to boost their competitiveness.