The APB plans to invest 116 million in construction in the Port of Ibiza

The APB plans to invest 116 million in construction in the Port of Ibiza

05/09/2008

The PAB is forecast to invest 116 million euros until beyond 2012 in the completion of the new terminal for cargo and passengers projected for the Port of Ibiza. The Business Plan for the PAB has approved an estimated investment of 115.7 million euros in construction in the Port of Ibiza. The projects include the construction of the esplanade and the two quays, with a forecast budget of 70 million. The work has an estimated duration of 24 months. Subsequent to the creation of the surface at Botafoc, the PAB plans to build a regular line passenger terminal, with an estimated budget of 10.8 million euros. The Business Plan for the PAB has also projected an estimated investment of 16 million euros in improving the docks neighbouring the district of Ibiza Marina, with the construction of a new passenger terminal for traffic between the islands of Ibiza and Formentera