Canary Islands Push for Economic Diversification Gains Momentum
The Canary Islands are focusing on economic diversification through vocational training and innovation.
- • Manuel Domínguez promotes economic diversification in the Canary Islands.
- • Focus on reducing reliance on tourism and agriculture.
- • Emphasis on vocational training to create an adaptable workforce.
- • Exploring new sectors like technology and renewable energy.
Key details
On September 16, 2025, Manuel Domínguez, President of the Canary Islands, reiterated his commitment to diversifying the archipelago's economy. He stressed the necessity to lessen reliance on traditional sectors, such as tourism and agriculture, which have historically dominated the local economy. During a recent event, Domínguez emphasized the importance of promoting vocational training and innovation as crucial strategies for economic transformation.
He highlighted a collaborative approach that involves local businesses and educational institutions, aiming to tailor training programs that meet the evolving demands of the job market. "We need a workforce that is not only skilled but also adaptable to new industries," he stated.
The push for diversification aligns with ongoing discussions about the future of the Canary Islands' economy, particularly in light of global economic shifts and environmental challenges. Authorities are exploring sectors like technology and renewable energy, which could play pivotal roles in achieving sustainable growth.
This initiative follows previous efforts aimed at integrating more resilient economic practices and acknowledges the pressing need for change in the region. As these plans develop, the focus remains on fostering an economy that can withstand external pressures while providing new opportunities for residents.