The “Juncker Plan” is expected to benefit another European country with significant investments in Europe, this time in three new projects. Palma de Mallorca, Spain, will be the new beneficiary from the European Fund for Strategic Investments (EFSI), signed by the European Investment Bank (EIB). The three projects are worth €255 million and will focus on the development of different strategic sectors, starting with innovation and digitalisation activities in infrastructure and water treatment. Following, 845 kilometres of new gas distribution networks will be built, an action which will create 2,400 new jobs in the construction sector, while other funds will be allocated to the replacement of 180 diesel buses with a new fleet running on natural gas, as part of the Cleaner Transport Facility programme. These new buses will improve the daily life of commuters, stimulate the local economy and put Palma de Mallorca at the forefront of the transition to low-emission mobility.
Violeta Bulc, Commissioner for Transport, spoke about “tangible results for Europeans and for the environment”, and hopes that this success will inspire many other European countries to undertake the path towards smart and sustainable mobility.
For more details, please visit the European Commission’s website.