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Ponta Delgada ,  July 31, 2009

Cooperation and collaboration between Regional Government and municipalities enhances public and private investment

The Vice-President of the Government, Sérgio Ávila, stressed today at the opening ceremony of the Beira-Mar Building in Praia da Vitória that, despite the current international economic context, the Azores continue to register a significant public and private investment.
“The work, which represents a global investment of 2 million Euros, is an example of the large private investment by businesspeople who have promoted the tourist offer, through the creation and management of bars, restaurants and outdoor cafes. This is a clear sign of the potentiality of the tourism offer in the Azores and of the businesspeople’s confidence in the Azorean economy,” stated the Vice-President.
The work opened today is integrated in the construction of the Paul coastal avenue and environmental park, in a global investment of 11 million Euros. It is an investment that, according to Sérgio Ávila, was only possible due to the “good cooperation between the Regional Government and the Praia da Vitória City Hall.”
The Vice-President stressed that, in addition to this work, many investments in the Region are the result of cooperation agreements between the Government and the local councils that are willing to cooperate, which have become essential for the development of the Azores, “because when each person invests a part, it will be good for everyone and thus we achieve more.”
The aforementioned work is included in the strategy of the Regional Government to renew the coastal areas of the five Azorean cities in order to reinforce and enhance their connection with the sea, boosting the economic activities related to it.
“Only in the governments led by Carlos César, we have achieved this heritage, the renewal of our cities’ coastal areas, therefore enhancing all the activities related to the sea. The Portas do Mar in Ponta Delgada, the renewal of the Angra Bay, the construction of the Passeio Atlântico in Ribeira Grande, the beginning of the renewal works of the Horta port and the investment to renew the entire costal avenue in Praia da Vitória, which will be concluded in August, are a good examples of the Government’s achievements,” he added.
The Vice-President of the Government also considered that the promotion of the tourism activity in the Azores is one of the main sectors that contributes for the growth and development of the regional economy, and that “the implementation of the six tourist animation undertakings opened today represents a clear sign of confidence in the future of the tourist animation in the Azores and the entrepreneurial capacity of the Azorean businesspeople; therefore, harmoniously combining the public with the private sector.”


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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