The Regional Secretary for the Economy, Vasco Cordeiro, announced today a drop in port fees for the shipment of cargo in 20 and 40 feet containers, which represents "an average difference of less than 25 percent, compared to the port fees for imported 20 and 40 feet containers."
Vasco Cordeiro spoke to the media at the end of a work meeting with the board of directors of the company Portos dos Açores SA and mentioned that this decision is "directly related to the promotion of the export capacity of our economy" as well as with "the creation of conditions to improve the export capacity of regional companies."
"Following a series of measures that have been adopted by the Azorean Government, this measure represents an important contribution to the strengthening of the regional export capacity, thus relieving the burden of companies when exporting goods from our Region," added the government official.
The Regional Secretary for the Economy also provided information about "another measure created in the context of the initiatives undertaken by the Regional Government to address the current situation which concerns the anticipation of several works that were scheduled for later this year."
Thus, he explained, "some interventions planned for the ports of Praia da Vitoria, Horta, and Lajes on Flores islands will be anticipated, representing an investment volume of about 4 million Euros."