Teruel will receive 60 million from FITE

After the approval last Tuesday of the 30 million that the central government contributes to FITE, it has now been an extraordinary Government Council that has given free rein to the agreement between the Government of Aragon and the Ministry of Territorial Policy and Democratic Memory to finance projects that promote economic generation in the Teruel province.

Aragón will contribute another 30 million euros which, added to the 30 from the state allocation, results in 60 million euros. Now, over the next few days the regional Executive will approve and publish the projects that will be financed – probably next week – and which must be aimed at infrastructure and transport, economic and business development, environment and sustainability, cohesion and social inclusion, innovation and technology, culture and heritage and support for rural areas.

The agreement, approved and will be signed electronically tomorrow, contemplates actions that will take place between January 1, 2024 and December 31, 2027.

This edition of FITE has been one of the latest to be approved in recent years because the Government of Spain “did not have budgets” so a special item has been enabled since the subsidy was not extended, as explained by Manuel Blasco, counselor of Environment and Tourism of the Government of Aragon.

“We have done it now in record time, all’s well that ends well although this year ends late,” added Blasco, who acknowledged that “there is still a lot of work to be done.”

In fact, these projects still have three years to be executed because FITE 2024 contemplates four years. “We have missed one, we have three left and the important thing is that we put it in as soon as possible,” he stressed.

Blasco has also explained that the Government of Aragon is already working on the 2025 edition and in the following years in which the province of Teruel will have more funds, going from 60 to 86 million euros in the next two years. as agreed in the bilateral meeting with the central Executive. The objective is for it to serve more business projects and the expansion of existing ones that generate employment, especially in the most depopulated areas.

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Teruel will receive 60 million from FITE