New Maritime Connection Between Remote Atlantic Islands
The Liberal Party (Iniciativa Liberal - IL) has proposed an initiative to establish a ferry service connecting Madeira, the Azores, and the Canary Islands. This ambitious project aims to enhance regional cooperation, boost economic development, and improve transportation links between these remote Atlantic islands.
"The creation of a ferry service between the Canary Islands, Madeira, the Azores, and the mainland will foster regional collaboration, improve the mobility of people and goods, and contribute to the integration of these regions into the European space"
Nuno Morna, Iniciativa Liberal (IL) in Jornal da Madeira
IL Recommends Joint Task Force To Begin Process
Nuno Morna, the sole IL deputy in Madeira's Legislative Assembly, has introduced a resolution that recommends the regional government initiate discussions with the governments of the Canary Islands and the Azores to form a working group. This group would be tasked with conducting a feasibility study for a triangular ferry route connecting the three islands.
The working group will also be responsible for carrying out a detailed assessment of transport needs, assessing the economic, social and environmental benefits, and preparing a detailed financing plan.
Nuno Morna, Iniciativa Liberal (IL) in Jornal da Madeira
EU Funding and Sustainable Transport
The IL proposal highlights the potential for substantial European Union funding to support the project. Funds such as the European Structural and Investment Funds (ESIF), the European Maritime and Fisheries Fund (EMFF), and the Connecting Europe Facility (CEF) could be used to finance the necessary infrastructure and ensure the economic viability of the ferry service.
Achievements Of The European Structural and Investment Funds
Until 2021, the European Structural and Investment Funds (ESI Funds) have supported more than 4 million businesses. In total, an investment of €731 billion, of which €535 billion was funded by the EU. The Fund supported 55.2 million people through employment, social inclusion, and skills development. As the EU's largest investment tool, ESI Funds bolster regional development, economic growth, and social welfare, while aiding recovery from recent crises.
Source: Jornal da Madeira, European Commission
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