Business park

Plans to open a new business park in Almancil have moved a step closer following the approval of a draft blueprint for the area by Loulé Câmara.

An area of more than 100,000 square metres has been set aside to create an area to support commercial and industrial development in Almancil and encourage existing businesses to relocate to the purpose built business park.

The park is due to represent a total investment of more than 11 million euros, of which 43 per cent will be derived from private investment with the remaining balance to be met by public-private schemes within the municipality.