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Ponta Delgada ,  March 02, 2009

New investments in the tourism sector are approved

Nine private companies of various islands are going to invest around 1,7 million euros in the tourism sector, following the approval, on Friday, of  new package of applications for investment projects to be financed by the Tourism Development Subsystem, of the System of Incentives for the Regional Development of the Azores (SIDER). 

The approved investment projects will be made in the islands of S. Miguel, Terceira, Faial and Graciosa. 

Since it came into place, in 2008, the Subsystem for the Development of Tourism approved around twenty applications for private investments in almost all islands of the Region in the order of eight million euros.  The Subsystem made the these investments viable. 


GaCS/AP/NM
 
 
 
 
 
   
 

Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

 
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