The APB plans to invest over 45 million euros in 2009

The APB plans to invest over 45 million euros in 2009

18/12/2008

The Board of Directors of the Port Authority of the Balearic Islands (PAB) approved today, at its last meeting of the year, the Business Plan for 2009. The plan envisages an investment of more than forty-five million euros in five major ports managed by the PAB in the Balearic archipelago. Among the items detailed in the meeting was the 4.8 million euros destined for the construction of the new maritime station at the Port of Alcudia, which is expected to become operational next summer.The Port of Palma has a budget of 18.1 million euros for work to be carried out in 2009. This includes the expansion of the Poniente Docks for ships of great length, with a budget of twelve million euros, accompanied by an allocation of 1.1 million euros for dredging in the area. Over three million euros will be invested in the division of expropriation and land acquisition of the Port of Mahon with an endowment of one million euros for the dredging of the area near the Naval Station and Cos Nou. Meanwhile, in the Port of Ibiza, an initial investment of 3.7 billion euros is anticipated for the construction of the esplanade and commercial piers sheltered by the Botafoc dock.As for general investment, an allocation of eight million euros has been approved for the installation of public information systems, Wi-Fi networks and video-conference rooms in all ports of the APB.