Saturday, September 20, 2025
Tenerife Weekly
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
Tenerife Weekly
No Result
View All Result
Home Europa Press

The Visocan Housing Plan has the capacity to generate more than 25,000 jobs in three years in the Canary Islands

January 28, 2023
in Europa Press
Reading Time: 2 mins read
0
The Visocan Housing Plan has the capacity to generate more than 25,000 jobs in three years in the Canary Islands
3
SHARES
Share on FacebookShare on Twitter



SANTA CRUZ DE TENERIFE, 27 Jan. (EUROPA PRESS) –

The public company Visocan reports this Friday that the 2020-23 Housing Plan, which will allow the rehabilitation of some 5,700 homes out of the more than 6,000 public homes that make up the park, together with the construction of new buildings, has the capacity to create 25,816 jobs. direct, indirect and induced work.

Between 2021 and 2022 alone, rehabilitation and repair actions have been carried out in 3,178 homes, which represents more than half of the public company’s housing stock, in an action in which more than 5.7 million euros have already been invested. euros.

In general, the number of jobs generated for each rehabilitated dwelling amounts to 0.19.

The 2020-2023 Plan provides for the rehabilitation of 5,700 properties, which would allow the generation of 1,083 direct jobs in these tasks, which would mean that, for every million euros invested, 36 jobs are generated in the rehabilitation line.

Added to these actions is the construction of new properties and the completion of unfinished developments.

According to the VAb (Gross Value Added), it is estimated that every million euros of investment in the construction sector generates 19.22 direct jobs on average in the Canary Islands, the company details in a note.

If it is taken into account that the budget allocated to the Visocan Plan during the period 2020-2023 amounts to 461 million euros –including the 107 million of private investment–, with this action 9,365 direct jobs will be created.

The induced employment generated by the plan should be added to the previous calculation, due to the increase in demand that will be produced by the increase in wealth and capital.

Thus, taking as a reference the data from the State Housing and Rehabilitation Plan 2009-2012, which estimates that for every million euros of investment, more than 56 jobs are created in total (between direct, indirect and induced), the investment of 461 million euros would generate a total of 25,816 jobs, of which 9,365 would be direct, 14,047 indirect and 2,404 induced jobs.



Source link

Related Posts

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match
Europa Press

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match

September 18, 2025
Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”
Europa Press

Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”

September 11, 2025
Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday
Europa Press

Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday

September 11, 2025
No Result
View All Result

Latest Blog Articles

  • Blog
Dolphin Encounters in Tenerife: A Journey Through the Waves

Dolphin Encounters in Tenerife: A Journey Through the Waves

2 days ago
Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

2 days ago
Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

5 days ago
El Médano: A Hidden Gem for Windsurfing Enthusiasts

El Médano: A Hidden Gem for Windsurfing Enthusiasts

1 week ago
Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

1 week ago
Protected: Why Solo Travellers Are Absolutely Obsessed with Tenerife (And You Will Be Too)

Protected: Why Solo Travellers Are Absolutely Obsessed with Tenerife (And You Will Be Too)

1 week ago
No Result
View All Result

News Highlights

Tenerife Firm Leader Arrested for Intimidating Guardia Civil

Tellado Calls for Minister Redondo’s Resignation Over Failures in Domestic Abuser Bracelets in Tenerife

Summer Songs: Highlights and Memories (LXI)

El PSOE describes the handling of Education during the heatwave in the Canary Islands as “shameful”

A New Fire in A Fonsagrada Raises the Total to Three Active Blazes in Galicia

Spain’s First Volcanic Eruption Simulation Blends Science and Public Engagement in Garachico

Trending News

This Sunday: The XVIII Concert of the University of La Laguna Symphonic Band
La Laguna

This Sunday: The XVIII Concert of the University of La Laguna Symphonic Band

by Admin
September 20, 2025
0

This Sunday at 12:00 PM, in the Plaza de la Catedral de La Laguna (main façade, next...

This Sunday: The XVIII Concert of the University of La Laguna Symphonic Band

Join Us This Sunday for the XVIII Concert of the Universidad de La Laguna Symphony Band

September 20, 2025
Europe’s Highest Vineyard is in Tenerife: Wine Grown Among Pines and Volcanic Soil

Europe’s Highest Vineyard is in Tenerife: Wine Grown Among Pines and Volcanic Soil

September 20, 2025
Tenerife Firm Leader Arrested for Intimidating Guardia Civil

Tenerife Firm Leader Arrested for Intimidating Guardia Civil

September 20, 2025
Tellado Calls for Minister Redondo’s Resignation Over Failures in Domestic Abuser Bracelets in Tenerife

Tellado Calls for Minister Redondo’s Resignation Over Failures in Domestic Abuser Bracelets in Tenerife

September 20, 2025
Tenerife Weekly

© 2025 Tenerife Weekly

Navigate Site

  • Tenerife Forum
  • Tenerife Travel Shop
  • Ask Tenerife
  • Canarian News
  • Privacy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact

© 2025 Tenerife Weekly