Finance rescheduled for ports in Madeira

06 Sep 2017
The rescheduling is being undertaken while taking into account investment expenses, especially in respect of the need to strengthen the protection around the southern quay of the Port of Funchal. Image taken in Funchal

The rescheduling is being undertaken while taking into account investment expenses, especially in respect of the need to strengthen the protection around the southern quay of the Port of Funchal. Image taken in Funchal

In Portugal, the Council of the Regional Government of Madeira has decided to amend the finance and work programme it signed with the island’s ports’ administration, APRAM. In particular, this will result in the rescheduling of its €8.319m financial contribution to this organisation.

According to an official announcement, the rescheduling is being undertaken while taking into account investment expenses, especially in respect of the need to strengthen the protection around the southern quay of the Port of Funchal, where desorption - a phenomenon whereby a substance is released from or through a surface – has become a problem. Further cash is earmarked for repairing the Port of Porto Santo, and also to undertake repairs at the ports of Funchal, Caniçal and Machico, following storm damage on December 10, 2013.