EU-backed investments “must be completed soon” in Algarve

EU-backed investments “must be completed soon” in Algarve

Clock is ticking, minister says

In a last attempt to make sure no European Union money set aside for the region goes to waste, the Minister of Territorial Cohesion has made an urgent call for proactiveness in the Algarve.

Ana Abrunhosa was referring to all the projects relying on investments backed by the CRESC Algarve 2020 programme which have yet to be fully completed.

The Algarve Regional Coordination and Development Commission (CCDR) had already warned earlier in the month that all invoice payment related to this European programme must be made “imperatively” by December.

According to the minister, the investments made in around 90% of Algarve 2020-backed projects have already been completed, but time is running out for the remaining projects, meaning “maximum effort” must be put into making sure all projects are completed in time.

Ana Abrunhosa was in the Algarve on Tuesday on a two-day visit covering several municipalities in the Sotavento (Eastern Algarve) to visit projects developed with the support of European funds, which are either ongoing or nearing completion.

The minister first visited Loulé to check on investments made in scientific infrastructures in the health sector, promoted by the Algarve Biomedical Center (ABC), in a partnership between the University of Algarve (UAlg) and the Algarve University Hospital Center (CHUA).

According to a statement from CCDR Algarve, these infrastructures represented an investment of nearly €9 million to create a “centre of excellence for research.”

Abrunhosa also visited the expansion and renovation of the Residential Structure for the Elderly (ERPI) of the Santa Casa da Misericórdia de São Brás de Alportel, a €3.5 million investment.