Andalusia Approves €14.4 Million in Incentives to Boost Business Investments across Three Provinces
Andalusian government allocates €14.4 million to boost business ventures in Cádiz, Córdoba, and Sevilla, supporting major projects with a total investment of €27.7 million.
- • Andalusia authorized €14.4 million for five business projects in Cádiz, Córdoba, and Sevilla.
- • Total investment amounts to €27.7 million across these projects.
- • Key projects include Codimar and Talleres Corral Mecanizados in Córdoba.
- • Minister Carolina España noted 57.4% of the industrial incentive budget has already been used.
Key details
The Andalusian government has authorized €14.4 million in financial incentives for five business projects located in the provinces of Cádiz, Córdoba, and Sevilla, aiming to revitalize the regional economy. These projects represent a combined investment of €27.7 million, under the administration of the Ministry of Economy, Finance, European Funds, and Social Dialogue and the public agency Andalucía Trade.
In Córdoba, Codimar will receive €5.05 million for establishing a new headquarters in Puente Genil, alongside Talleres Corral Mecanizados, awarded €4.25 million for their Villarrubia expansion. Sevilla's incentives include €1.13 million to Llopis Servicios Ambientales for expanding its waste management facility and €2.09 million to Laboratorio Agrama for constructing a new headquarters. Meanwhile, in Cádiz, Montajes Cambel Europa will be granted €1.9 million to produce components for marine wind energy installations.
Minister Carolina España highlighted the swift uptake of these incentives, noting that 57.4% of the initial €244 million budget for industrial and R&D projects has already been utilized, with 521 projects approved for a total investment of €292 million. She emphasized that the government’s support matches company investments, underscoring a strong commitment to fostering business growth in Andalusia.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.
