“It is illogical to take measures which only succeed in frightening away investors and creating a feeling of legal uncertainty in the Balearics.”
The combination of new building and renovation resulted in a 90% increase in investment for the first ten months of the year.
On Thursday, Acciona set out a revised plan to complete the work on the centre and hotel. It is now looking at 24 February next year.
Both the Acciona and Baleária shipping companies are reporting greatly increased business as a consequence of higher demand, in particular from the construction industry.