SANTA CRUZ DE TENERIFE, 27 Apr. (EUROPE PRESS) –
The Government Council of the Canary Islands approved this Thursday, at the proposal of the Ministry of Finance, Budgets and European Affairs, the programs and projects of the Canary Islands Development Fund (FDCAN) of the councils of Gran Canaria, Fuerteventura and El Hierro and of the two public universities.
The total amount amounts to 416.7 million euros until the year 2027 and the agreement will also allow the signing of the respective agreements with the beneficiaries.
These institutions are the ones that at the time did not sign the Fund’s first agreements for ten years (the program started six years ago) and, therefore, did not have any in force, says the Government in a note.
The 416.7 million are distributed as follows: Cabildo de Fuerteventura, 99 million; Council of El Hierro, 50.2 million; Cabildo de Gran Canaria, 254.4 million; University of La Laguna, 6.5 million, and University of Las Palmas de Gran Canaria, 6.5 million.
To the contribution approved by the Government, the percentage of co-financing of each island corporation must be added, which is 20% in the case of Fuerteventura; 10% in El Hierro and 50% in Gran Canaria, while investment in universities is carried out exclusively by the Executive.
