New Business Park Expansion Announced in Câmara de Lobos
Madeira GuideThe Government of Madeira has announced plans to expand the business park in Câmara de Lobos, responding to the high demand for industrial spaces.
The Government of Madeira, led by President Miguel Albuquerque, has announced an ambitious plan to expand the business park in Câmara de Lobos. This initiative aims to address the pressing demand for industrial and logistical spaces in the region, which is crucial for supporting local economic growth.
The announcement was made during a ceremony held at the Madeira Press Museum, where local businesses were honored for their contributions. The expansion includes the addition of three new lots, which will accommodate new business units. This development is expected to boost the local economy by attracting more businesses and creating new jobs.
Gonçalo Pimenta, President of Madeira Business Parks, highlighted the necessity of this expansion due to the current facilities reaching full capacity. The new lots will provide much-needed space for companies seeking to establish operations in Câmara de Lobos.
Moreover, the government is considering the creation of a new business park in Quinta Grande, a suggestion made by Celso Bettencourt, the mayor of Câmara de Lobos. This proposal underscores the local administration's commitment to fostering economic development and providing infrastructure support to facilitate business growth.
President Albuquerque praised the efforts of local entrepreneurs and workers, acknowledging them as the backbone of Madeira's economic development. The regional government is committed to continuing its support through tax incentives and improvements in infrastructure to ease business operations and stimulate job creation.
"They are the base of the region's development," said Albuquerque, recognizing the pivotal role of local businesses in the economic landscape.
This expansion marks a significant step in Madeira's economic strategy, aligning with the island's broader goals of enhancing its attractiveness as a business destination. The government's focus on reducing bureaucracy and providing infrastructural support is seen as a strategic move to attract more investors.
Sources
Madeira Guide
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