The regional government and the Consell de Menorca will sign a 6-million-euro protocol for road investment in 2025
The Minister of Economy, Finance and Innovation, Antoni Costa, presents the CAIB’s 2025 budgets in Menorca
The Government of the Balearic Islands will use the Insularity Factor to finance the refurbishment of the main road in Menorca. The regional government and the Consell Insular de Menorca will sign a 6-million-euro protocol for road investments in 2025. This was announced today by the Minister of Economy, Finance and Innovation, Antoni Costa, during the presentation of the 2025 general budget of the Autonomous Community of Menorca. Costa, accompanied by the Director General of Budgets and Financing, Tomeu Alcover, met with the President of the Consell de Menorca, Adolfo Vilafranca, part of his government team, several mayors and councillors of the island’s municipalities and economic agents. This round of meetings aims to gather reflections and impressions on the budgets.
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The Government will finance the reform of the main road in Menorca
The vice-president stressed that the government will provide the necessary money to carry out ‘the unavoidable reforms that the main road in Menorca needs, which will begin in 2025 with the project to renovate the Alaior-Maó section’. Costa also highlighted other specific infrastructure investments that will be made on the island, ‘such as, for example, the renovation of the old Virgen del Toro hospital, to which we are allocating 18 million euros from the Insularity Factor’.
Costa also stressed that the Government is preparing a plan to promote the CentreBit Menorca, ‘which must be consolidated as a benchmark for innovation in Menorca’. Likewise, the Vice-president of the autonomous government insisted on the Government’s commitment to investing in water ‘in the broadest sense’.
For his part, Adolfo Vilafranca recalled that the government will pay the Consell Insular de Menorca 6.5 million euros corresponding to 30% of the investments made in the area of waste in application of the agreement signed last August. In addition, Vilafranca reminded that Menorca will receive 24.6 million euros from the 24-25 Sustainable Tourism Tax. ‘This includes 8 million euros earmarked for the Biosphere Reserve and another 8 million for the preservation of the natural environment,’ as well as significant funds for the fight against illegal tourism and work on various sports facilities on the island.
Costa thus concludes the round of meetings with representatives of civil and political society in the Balearic Islands, intending to gather impressions, reflections and possible improvements to the draft general budget law. In the previous days’ Costa and Alcover met with the Consell de Mallorca, the Consell de Ibiza, town councils and entities of the largest of the Pitiusas, the Federation of Local Entities of the Balearic Islands (FELIB), the trade unions CCOO, UGT, USO and STEI; the employers’ associations (CAEB, PIMEM and the Hotel Business Federation of Mallorca), the representatives of the health sector (Simebal, SATSE, SAE, CSIF and STEI) and the island’s economic sector (Círculo de Economía de Mallorca and the Círculo Mallorquín de Negocios).