SANTA CRUZ DE TENERIFE, 9th October (EUROPA PRESS) –
The Government, via a resolution from the Government Delegated Commission for Economic Affairs (CDGAE) and an order from the Ministry of Finance, has sanctioned the allocation of regional incentives to a total of 93 initiatives across eleven Autonomous Communities.
Specifically, this support is aimed at Aragon, Asturias, Murcia, Castilla-La Mancha, Galicia, the Canary Islands, Castilla y León, Andalusia, Extremadura, the Valencian Community, and the Balearic Islands.
The total value of the grants awarded is 170,542,975.09 euros, which will facilitate a total investment of 875,939,127 euros. These initiatives will preserve 8,374 positions in these 93 companies and generate an additional 2,050 new jobs.
With regard to the Canary Islands, according to the Ministerial Order set to be published in the Official State Bulletin (BOE), eight projects have been sanctioned, including one assessed by the Delegated Commission for Economic Affairs and another seven through Ministerial Order (as the eligible investment does not surpass 15 million euros per firm).
These eight projects have been allocated 19,303,234.28 euros in grants and signify a total investment of 77,701,232 euros. Furthermore, they will create 238 new jobs while sustaining 172 existing positions.
This assistance promotes interterritorial economic equilibrium and inclusive, sustainable economic advancement by funding productive, job-creating, technologically progressive, and environmentally sustainable investment initiatives, thereby boosting economic activity in regions with a lower development level and aiding in reducing the disparity in per capita income in comparison to other regions, not just within Spain but also across the EU.
