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HomeArticlesNewsAlgarve investment 2012: the Government talks…

Algarve investment 2012: the Government talks…

Public investment in the Algarve - defined by the state budget for 2012 - will involve 103 million euros.
Edition 710 ( 5 Jan 2012), No Comments »

While plans to build a new “Central Hospital” are being put firmly on the back burner, improvements to port structures will be going ahead in Tavira (2.1 million euros); Portimăo (985 thousand euros) and Olhăo (770 thousand euros) - with a further 1.4 million euros being invested in other ports along the coast.

The long-awaited riverside park in Faro is getting 2.5 million euros, and 492 million euros will be invested in work to improve navigability of the Guadiana river.

Elsewhere, lost sand will be replenished – to the tune of 105 thousand euros at Praia D. Ana in Lagos, and 151 thousand euros to the coastline of Albufeira. There will thus be 60.6 million euros left over for “non-specific” works, 13 million to be spent on rural spaces and 11.6 million to boost competitivity (employment and training).

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