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Ponta Delgada ,  January 30, 2017

Government of the Azores considers redevelopment of Albergaria Cruzeiro in Angra do Heroísmo as Project of Regional Interest

The Government of the Azores recognised as Project of Regional Interest (PIR) the investment in the redevelopment of the old Albergaria Cruzeiro into a four-star theme hotel located in the historical centre of Angra do Heroísmo, a World Heritage Site classified by UNESCO.
 
Promoted by the company Cabral & Rosa, Lda., the project represents an investment of around 4.2 million Euros and will create over a dozen new permanent direct jobs.
 
This project involves the expansion of that old hotel unit, which was closed, thus enhancing the building heritage and the island's accommodation offer.
 
In this regard, it falls within the development priorities defined in the regional strategic guideline plans, notably those for the qualification of the Azores destination, wealth generation and job creation.
 
The process of recognising and monitoring projects of Regional Interest Projects aims to promote and distinguish investment projects that demonstrate a strong impact or a structuring effect in strategic sectors.


GaCS/OG
 
 
 
 
 
   
 

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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