In Malaga today the Minister of Public Works and Housing from the Junta de Andalucía, Josefina Cruz Villalon, will sign the contract approving the plans for the expansion of Marbella’s Puerto de la Bajadilla, allowing the project to progress.
The agreement will also be signed by representatives of the joint venture company (UTE) created by the Qatari Sheikh to manage the project. The UTE includes Nasir Bin Abdullah & Sons, Puerto Deportivo and Marbella Town Hall.
Marbella Mayor Ángeles Muñoz will also attend the signing, which will take place at 18:00 this evening (Thursday) in the Delegation of Government of the city of Málaga.
The UTE will then have a period of six months in which to complete a final plan for the development. This will then require approval from the Junta de Andalucía.
Marbella City Council have optimistically stated that if all goes to plan construction could begin in the summer of 2012.
This huge project includes an initial investment of 84 million euros and an approximate construction time of two years. The public-private partnership will include a concession for a period of forty years.
The project plans to expand the port with the construction of a circular outer dock of 911m which will encircle the area where the current port stands and also create a new area of sheltered water. Plans also include the creation of 541 new berths, giving a total of 803 berths for smaller vessels. A berth for cruise ships is also in the plans. This would be a first for the area as the port does not currently provide berths large enough to accommodate cruise liners.