Regional Government invests 1.55 million euros in the rehabilitation of the Porto Santo Golf Course
The Regional Government of Madeira has authorized the distribution of budgetary charges for the rehabilitation of the Porto Santo Golf Course, totaling an investment of 1.55 million euros.
The Regional Government of Madeira, through the Regional Secretariat of Finance and the Regional Secretariat of Equipment and Infrastructure, has formalized the authorization for the distribution of budgetary charges intended for the rehabilitation of the Porto Santo Golf Course. This measure, made official by Ordinance No. 136/2026, aims to co-finance investment expenses under PIDDAR Project No. 53318.
The program contract will be signed between the Autonomous Region of Madeira and the Sociedade de Desenvolvimento do Porto Santo, S.A., with a maximum global amount of 1,550,000.00 euros. The funding is staggered as follows:
- Fiscal year 2026: up to 400,000.00 euros;
- Fiscal year 2027: up to 900,000.00 euros;
- Fiscal year 2028: up to 250,000.00 euros.
The ordinance also establishes that the amount set for each fiscal year may be increased by the balance found in the previous year. The mentioned values do not include VAT at the current legal rate. The funds for the current year are duly registered in the budget of the Regional Secretariat of Equipment and Infrastructure, with funds for subsequent years provided for in future budget proposals.
Related articles
Madeira reallocates €1.279 million for emergency department works at Dr. Nélio Mendonça Hospital
The Regional Government has split the costs of the first phase of improvements to the Emergency Department at Dr. Nélio Mendonça Hospital between 2026 and 2027. The total investment is €1,279,000, plus VAT.
Machico Forum to Receive Investment of Up to €1.42 Million
The Region will contribute to investment costs incurred by SMD - Sociedade Metropolitana de Desenvolvimento, S.A., for the project to revitalise the Machico Forum’s infrastructure and facilities. The maximum grant of €1,422,693 will be allocated between 2026 and 2028.
Madeira reallocates €3.317 million for studies on new road links
An order revises the annual allocation of costs for the three lots in the procedure for preliminary studies and environmental impact assessments of new road links. The total remains €3.317 million, plus VAT.