Under the slogan A way to build Europe, the Port Authority of Santa Cruz of Tenerife improves and strengthens its facilities and services with the help of the European Regional Development Fund (Feder). This financial tool European Union Its objective is to strengthen the economic and social cohesion of the Union, helping to correct the imbalances between its regions and reducing the differences between the different levels of development.
In this regard, Puertos de Tenerife has made the Infofeder portal available to users on its website with all the port works award records financed with this fund. This section allows you to access official communications and view the progress of the four projects assigned to the 2014-2020 Feder Operational Program, with a total budget of 10,278,000 euros. The projects benefiting from these funds are the tunnel of the Link Dock Service Road, in the port of Santa Cruz de Tenerifeand the actions corresponding to the reinforcement of the bollards of the 1st and 2nd alignment of the outer breakwater in Santa Cruz de La Palma.
Dock Link
The Link Dock Service Road Tunnel It begins at the same height as the Vía Litoral tunnel to end at the rear of the Puerto-Ciudad building and has a total length of 463 meters and a free height of 5.60 metres. These works have involved an investment of 6,736,093 euros and have had the help of this European funding. On the other hand, the adaptation of the berths for cruise ships in the 1st and 2nd alignment of the Santa Cruz de la Palma dock, it has materialized in the replacement of the current bollards (of 75 t) by new bollards of 200 t. For its execution, there has been a budget of 1,692,000 euros.
The portal, integrated into the transparency section of the port entity, is made up of four different sections: Programming, Evaluation, Management and Communication. The first three sections reflect the details of each of the works as well as their technical project; the formalization of the contract and the execution period in other aspects. The last section is a compilation of the information published in the media about the different stages of the projects.
It also offers a direct link to the official area ofl Ministry of Finance and Public Administration for those who wish to consult in detail the Feder Evaluation Plan 2014-2020. With the support of the Feder fund, companies can make investments in innovation and research; telecommunications; infrastructures linked to the environment; energy and transportation, among others. It is therefore direct aid for investment in growth and jobaimed at strengthening the labor market and regional economies, as well as investing in European territorial cooperation to strengthen cross-border, transnational and interregional cooperation within the Union.
The Feder fund is not the only existing aid to which the Port Authority of Santa Cruz de Tenerife may benefit, always under the idea of progress and improvement of its facilities and services. Due to the economic transformation produced by the covid-19 pandemic, on July 21, 2020, the European Council created a new temporary recovery instrument called Next Generation EU, with an amount of 750,000 million euros. The Recovery Fund is thus created in order to guarantee coordination between the Member States and deal with the economic consequences of the pandemic.
The Recovery and Resilience Facility (RRF) forms the core of this fund and provides essential financial assistance to promote the social, economic and territorial cohesion of the EU; support the green and digital transitions, as well as to strengthen the resilience of Member States.
Sustainability and sanitation
Puertos de Tenerife will have a total budget of more than 4 million euros for the execution of the eight scheduled works in the field of environmental sustainability and energy. Three of them for the sanitation of the port of Santa Cruz de Tenerife; another three allocated to improving energy efficiency in Tenerife and La Palma, and two more destined for the installation of mini wind power for the port of La Gomera and the port of La Estaca.
Both funds provide a crucial economic boost to restore the growth potential of the EU economies, promote sustainable growth and foster post-crisis job creation.