Cádiz, Spain (PortSEurope) September 11, 2017 – The purchase of land in the former Delphi factory in Puerto Real will have to be €3 million ($3.59 million) and in 2018, according to Puertos del Estado (the state-owned Spanish Port System agency), the insolvency administration will explain, as published this media in its edition last Thursday, that it was still waiting for the firm’s firm offer to arrive.
In June 2017, Autoridad Portuaria de Cádiz board of directors gave the green light to the acquisition of a land plot in Puerto Real municipality that could be used by companies active in the area of the harbour.
The land plot, of 276,419 square metres, will be acquired from local insolvent company Delphi, which had been operating a factory in the area. “We hope that the administrative procedures will be carried out as quickly as possible,” the president of the port authority, José Luis Blanco, said.
Yesterday, Puertos del Estado reiterated that the acquisition of the Delphi land was included in the State’s draft budget for 2018, but that the purchase at the official appraisal price, “once approved the business plan between Puertos del Estado and the Port Authority “is €3 million ($3.59 million).
Source: Diario de Cadiz
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