25 July 2019 – Richard D. K. Turner
The Regional Government of Andalusia confirmed that it would maintain its planned investment of 188 million euros to develop the Bahía de Cádiz Technology and Logistics Platform, replacing the Aletas project. With this, the government plans to make the logistics sector boost economic growth in the Bay of Cadíz area.
The government would transfer the bulk of Aletas’ current assets and liabilities into a new company called Logic, maintaining a 45% participation.
In total, Logic has 257 hectares, including 160 hectares of new land and 97 of available land. Logic plans to develop a total of approximately 450 hectares of productive land.
Original Story: El Vigía