Independent journal on economy and transport policy
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Next year, Spanish ports will have fewer economic resources
The amount of the Fondo de Compensación Interportuario will fall to 24.7 million euros compared to 32.12 million disbursed in 2012
July 23, 2012
For next year a further cut of the economic resources allocated to Spanish ports. The Committee for the destruction of the Fondo de Compensación Interportuario, the fund that - as established by the Spanish Law on Ports No. 33 of the August 5, 2010 - was established for the redistribution of economic resources within the national port system, which is fed with resources paid by the Port Authorities and by the government agency Puertos del Estado and which is administered by Puertos del Estado itself, it has in fact decided that in 2013 the fund will distribute resources for 24.7 million euro compared to €32.13 million disbursed in 2012 (in 2011) EUR 42.5 million had been allocated).
If this year the amount of 32.13 million euros was collected with the contribution of the Port Authorities, which have paid into the fund a figure equal to 4% of their result of exercise, and with that of Puertos del Estado, which has allocated to the fund 10 million euros, for 2013 it was decided that the percentage of the operating result recorded by the Authorities Ports allocated to the fund will rise to 4.5%, while the contribution of Puertos del Estado will be reset in consideration of economic contingencies that could occur next exercise and containment policy of the fund put in place to deal with the economic crisis.
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