The Regional Ministry of Tourism awards 75.3 million euros from the Next Generation EU Fund to 87 projects by local entities and island councils

Jul 2, 2024 | Featured, Interview, Revista Lloseta, Thursday Daily Bulletin, Tradition


The transfer of 20 million euros from the resilience fund to this line has allowed 37 new projects to be included in the final list.

The Regional Ministry of Tourism, Culture and Sport has confirmed the award of grants from the Next Generation EU Fund for local entities and island councils to 87 projects for a total amount of 75,317,784.73 euros. This line of funding is part of the Tourism Resilience Strategy within the framework of the Recovery, Transformation and Resilience Plan, which will benefit 41 towns and 2 island councils (Ibiza and Formentera).

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This line of aid is divided into two programmes: one for public projects on infrastructures in public spaces, environmental management and waste treatment, promoting sustainable mobility or the requalification of obsolete tourist infrastructures; and the other for the purchase of obsolete hotel establishments and their reconversion.

The first programme totals 83 projects worth 63.5 million euros, while the second programme will subsidise 4 projects with a total amount of 11.7 million euros.

Thanks to the signing of an addendum between the Government of the Balearic Islands and the Secretary of State for Tourism, which allows for the transfer of 20 million euros from the remainder of the Next Generation Fund’s resilience funds, 37 new actions have been added to the 46 already awarded.

In programme 1, 41 municipalities from Mallorca, Menorca and Eivissa have applied, in addition to the two projects presented by the island councils of Eivissa and Formentera, with amounts ranging between 6,000 and 10,000,000 euros. Precisely the largest amount awarded was requested by the Palma Town Hall for the purchase of the former GESA building.

Programme 2 of the aid to local entities focuses on the purchase and demolition of obsolete hotel infrastructures, a line of aid to which three municipalities have adhered. Manacor will purchase and demolish the building of the former Topaz Apartments in Calas de Mallorca, San Antonio de Portmany will undertake a regeneration of the old quarter by creating a new cultural space, and in Calvià two new public spaces will be created thanks to the demolition of the former Hotel Teix and the Hostal Colón.