Authorities from the Spanish autonomous city of Ceuta have applied to the government to secure €50m (US$49.9m) from the European Union’s Recovery and Resilience Facility to build a new marina.
The investment is expected to be worth around €68m (US$67.9m), according to local paper El Faro de Ceuta. The EU funds could cover as much as 74% of the project.
Under the plan, the new facility would accommodate some 270 craft, offering berths for yachts from 12m-30m (39ft-98ft), and a new parking lot for 450 vehicles. The investment would also cover accompanying facilities, including a sailing and diving school, among others, with a total surface of 15,000m².
Located on the northern coast of Africa, Ceuta is a Spanish autonomous city that lies along the boundary between the Mediterranean Sea and the Atlantic Ocean. It has a population of more than 85,000 inhabitants, according to the National Statistics Institute.
