As Fuerteventura continues to attract investors, significant developments are underway in Puerto del Rosario. The City Council has approved a comprehensive multi-year investment plan, allocating over €9.5 million for initiatives aimed at modernizing and enhancing various areas within the municipality from 2026 to 2029.
This ambitious program, regarded as one of the most substantial investment efforts of the current legislative term, earmarks a total of €9,529,660.32 to upgrade infrastructure, strengthen public services, and elevate the overall quality of life in both urban neighborhoods and rural communities.
The proposal has been presented for final endorsement at the municipal plenary session, which includes an exceptional modification of spending limits as detailed in the Local Treasury Regulatory Law. This modification aims to align financial planning with the projected timeline for the execution of the planned works.
Mayor David de Vera emphasized the unprecedented nature of this investment, highlighting its potential to address long-standing community needs and lay the groundwork for a “more accessible, sustainable, and modern” municipality.
A substantial portion of the investment will occur in 2027, with plans to implement over €7.3 million in transformative projects. Key initiatives include the paving and replacement of utilities in the Barrio del Charco, accounting for €3.68 million, and the renewal of infrastructure and asphalt in Barrio de Las Granadas, which is budgeted at over €1.34 million.
Additionally, the plan features the redevelopment of Risco Prieto Park, with an investment of €1.44 million scheduled through 2029. Improvements in various rural areas will also be undertaken, focusing on road safety and asphalt resurfacing.
Councilor for Works, Ana Hernández, noted that the program aims to comprehensively address essential infrastructure concerns, enhancing fundamental services, accessibility, and public spaces for residents.
Further, the budget allocates funds for enhancements to municipal facilities, including over €650,000 for the La Matilla Cultural Center and upgrades at the local Fire Station. Coastal improvements, notably in Playa Blanca, are also part of the plan.
Councilor for Economy and Finance, Juan Manuel Verdugo, asserted that the financial strategy is both responsible and transparent, designed to ensure the municipality’s economic sustainability while the projects are implemented.
The forthcoming final approval will commence the hiring processes and advance the execution of one of the most significant urban transformation and infrastructure initiatives that Puerto del Rosario has seen in recent years.
Image credit: www.lavozdefuerteventura.com
Source: www.lavozdefuerteventura.com.
Curated by Fuerteventura Times Real Estate Desk.
