The Circle of Entrepreneurs and Professionals of the South of Tenerife (Cest) warns that “public administrations and Tenerife society must be aware of the risk that the paralysis of projects, such as the Cradle of the Soulin the Port of Adejewhen it comes to attracting investment to the island of Tenerife». For this business association, “this type of decision on projects that, after many years of processing and inspection, have the necessary permits and licenses to be executed can lead to business mistrust and serious uncertainty».
From the Cest Board of Directors they consider that “Generating this feeling among the business community interested in investing in Tenerife can have negative consequences for the development of the island and the generation of wealth”. In his opinion, “paralyzing projects like this causes doubts for those who seek to establish their businesses here, who in the end will choose to choose similar territories, which are direct competitors and offer greater peace of mind and security regarding investment.”
The Cest insists that «In the case of the performance that will be carried out in Puertito de Adeje, all the necessary licenses are available to carry it out.. Some licenses resulting from a very long process, which has lasted years and in which several different administrations have been involved. The work of the administrations is already done, we cannot deny the reality reflected in the technical evaluations».
«We will never be able to position Tenerife as a preferred destination for investors if a project that complies with current legislation and has technical, urban planning and environmental impact reports from the different administrations can be paralyzed at any time», they insist from the Cest. “The effort to promote tax incentives in the Canary Islands is of little use if we put stones in the way of the main investments that, in addition, will serve to improve our environment,” says this group of businessmen and professionals from the south of the island.
From the organization they recall that this type of initiative “not only allows us to offer tourists quality services, attracting visitors with greater purchasing power, but also are important generators of employmentso curbing them puts many jobs at risk.
“Public administrations must be aware of this risk and have the responsibility to act accordingly,” they insist from the Cest. Although they recognize that “it is their duty to listen to the society of the Islands”, they assure that “those who oppose are minority groups, seeking to make a lot of noise”.
