Spain allocates 110 million euros for the development of the tourism industry

The Spanish government has approved an investment of 110 million euros from EU Next Generation funds to improve the competitiveness of tourism in several territories, including the Balearic Islands, the Canary Islands, Ceuta and Melilla.

Commenting on the approval of the aid package, Industry, Commerce and Tourism Minister Maria Reyes Maroto said that notable progress has been made in developing the tourism sustainability strategies envisaged in the Archipelagos and Autonomous Cities Recovery Plan, according to

In a statement released on June 14, the government announced that the Council of Ministers has also adopted a Royal Decree that provides for direct subsidies allowing the government to transfer 50 million euros for each of the autonomous island communities and 5 million euros for each of the autonomous island communities. cities.

”As regards the Autonomous Communities of the Canary Islands and the Balearic Islands, the actions financed by this assistance should allow their economies with high tourism activity to adapt to demand shocks, for example in the event of pandemics, impacts on tour operators or others. Whereas in the case of the cities of Ceuta and Melilla, action should allow tourism to become the driving force behind regional economic development.” says in the statement.

According to the government, especially in the Canary and Balearic Islands, measures to re-qualify the old tourist infrastructure, invest in public infrastructure and make public spaces more attractive can be funded. In addition, sustainable mobility, ecological beach management and beautification, and the provision of approved trails can be promoted.

β€œIn the case of the Balearic Islands, there are also incentives to open supplies outside the high season, and in the Canary Islands, incentives aimed at transport companies to facilitate communication with the peninsula.” says in the statement.

Among other activities that could be financed by this subsidy in Ceuta and Melilla are investments in tourism infrastructure to help tourism companies modernize and renew their tourism enterprise.

In addition, training in tourism skills will be organized, especially among young people, as well as the promotion of the two cities at the national and international levels as tourist destinations of historical and cultural interest, in addition to funding local agencies or organizations involved in tourism promotion.

The government also stated that these specific subsidies for the island, Ceuta and Melilla are intended to meet commitments made by the Spanish government. It is also stipulated that in the second quarter of 2025, at least 400 beneficiaries of non-peninsular territories should have completed projects to increase their competitiveness and ability to adapt to changes in international markets.

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