The GVA contribution to the Balearics for activities in the ports of the APB is 3.93%
Palma
05/10/2010
The contribution to Gross Value Added (GVA) of the Autonomous Community of the Balearic Islands for port-related activities of the State in the Balearic archipelago is estimated at 3.93%. This is one of the conclusions drawn from the study on the economic impact of the state ports in the Balearic Islands, developed jointly between the Balearic Islands Port Authority (APB) and the Confederation of Business Associations of the Balearic Islands (CAEB) on data from 2007 and presented in Palma.
Another finding from the report is that the GVA generated by activities in ports of general interest in the Balearic Islands is estimated at a total of 917.7 million euros and that employment created by port activities, marinas and cruise liners results in over thirteen thousand jobs.
Yesterday the study was presented to the media and this week it will be announced publicly at an event organized at the headquarters of CAEB in Palma by the director of the economics department of management and author of the study, Josep Sintes.
The chairman of the APB, Francesc Triay, highlighted the increasing participation of the private sector in port services, which is providing, said Triay, renovation of facilities, acquisition of new markets and business flexibility "which make the regional economy grow”.
For his part, the president of CAEB, Josep Oliver, noted that the ports managed by the APB are infrastructures with "great relevance to business in our region" and therefore concluded that "it is more necessary than ever to modernize them".
