canary islands airports 1 8bn investment dora iii

Canary Islands airports to receive €1.8bn investment

Compiled with the help of artificial intelligence, based on Spanish-language information. Source below the article.

Canary Islands airports to benefit from record €1.8 billion investment

The Minister for Territorial Policy and Democratic Memory, Ángel Víctor Torres, highlighted on Wednesday that the Airport Regulation Document (DORA III) for 2027-31, approved on Tuesday by the Council of Ministers, includes an investment of €1.8 billion for Canary Islands airports, as well as providing for a near-freeze on airport taxes.

Largest ever investment in the islands’ airports

Torres, speaking in statements provided to the media, emphasised that this is the largest investment that Canary Islands airports have ever received from the Spanish Government under a DORA for their modernisation. He also stressed that airport taxes will be “practically frozen”, despite AENA’s request for a €14 increase, with only a rise of 30 cents.

In this regard, he noted that this decision has been welcomed by the Canary Islands’ tourism sector.

Potential funding for railway stations at island airports

He also explained that, additionally for the Canary Islands, taking into account structuring infrastructure such as the railway projects being developed on the islands of Gran Canaria and Tenerife South, the plan also contemplates the possibility of economic investment for stations at these airports, in line with how those projects progress and their declaration of general interest.

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