The Ministry of Tourism of the Government of the Canary Islands will receive 332.8 million euros from the “Next Generation” funds of the EU for the period 2021-2026 for the development of ten programs that aim to improve the tourist destination of the islands.


As reported by the Ministry this Wednesday in a statement, its owner, Yaiza Castilla, has visited the Provisional Administrative Unit (UAP) that it has created for the management and control of European funds.


The development of a sustainable and resilient tourism model; the digital transformation of tourist destinations and companies; the promotion of competitiveness through the development of the tourist product; the promotion of the Canarian industry and the strengthening of the commercial and tourist sector of the Canary Islands, are the objectives to be achieved with this economic injection from the EU, indicates the note.


The Ministry manages six plans under the React-EU program, with a budget forecast for the 2021-2023 period of 75 million euros and four plans from the Recovery and Resilience Mechanism (MRR) Funds, with an estimate of 257, 8 million euros for its management until 2026, the statement specifies.


Castilla explained that through this unit “value will be created in our work as intermediaries between the Ministry of Industry, Commerce and Tourism, which transfers the money to us from Europe, and the final beneficiaries of those funds”, in the sense that there is co-responsibility in their management to guarantee effective spending on the planned objectives, given the short time for its application and the conditions that are required.


For the projects charged to the two “Next Generation” programs, calls for grants and contracts are planned through the entities dependent on the Ministry, such as Promotur and Hecansa, and public-private collaborations.