EUROPE

EU FUND FINANCES LAS PALMAS WORK

20 years ago

Las Palmas port authority is to finance 35% of planned infrastructure work at the port using ¢ 140m sourced from the European Unions Feder fund. Among the work to be financed is the reinforcement and upgrading of the container terminal at Arrecife costing ¢ 262,000, and the creation of a ¢ 16m dyke.

Among those bidding are Lubasa, Pavasal, Dragados,Midascón, Comsa, Elsan-Pacsa, Cyes, CHM and Construcciones/Valcomar.