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The Madeiran executive has redistributed the multi-annual budget allocated to the redevelopment project of the Calhau de Sao Vicente seafront.
Through Ordinance no. 168/2026, the Regional Government of Madeira has amended and redistributed the budgetary charges related to the Technical and Financial Cooperation Program Contract signed with the Municipality of Sao Vicente. The objective is to finance the "Redevelopment of the Calhau de Sao Vicente Seafront" project, totaling €3,372,500.00.
The new schedule of charges, which modifies the provisions of Ordinance no. 623/2024, is defined as follows:
The expenditure for the current year is covered by the budget of the Regional Directorate for Budget and Treasury.
The Autonomous Region of Madeira and the Municipality of São Vicente have amended the programme contract for the recovery of infrastructure damaged by the 2020 storm, extending its validity and adjusting the funding.
The Regional Government Council approved a change to the public tender program for the acquisition of controlled-cost housing units in Santa Cruz and extended the deadline for submitting proposals.
The Government Council approved the tenth amendment to the concession contract with Horários do Funchal, updating the financial compensation for public service obligations.