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Balearic Islands

(22 April 2013)

Balearic Islands

On 23 April, Commissioner for Regional Policy, Johannes Hahn, will meet in Brussels Mr José Ramón Bauzá Diaz, President of the Balearic Islands to discuss the future cohesion policy in the region for 2014-2020 taking into account their specificities. Due to significant role played by tourism, the most important economic sector in the islands is services (81% of the regional GDP in 2012). In this context, business support to SMEs together with ICT, innovation and transport are crucial. The Balearic Islands, located in the eastern coast of Spain in the Mediterranean Sea, are composed of four islands: Majorca, Minorca, Ibiza and Formentera. The region covers a total area of 4 984 km2 and has 1 094 266 inhabitants with a GDP per head of 5% above the EU average for 2010.


How does EU Regional policy contribute to the region's priorities?

The Balearic Islands have a total allocation of € 102.5 million under the European Regional Development Fund (including National allocation € 205 million). The main purpose of the regional policy programme for the Balearic Islands is to develop and consolidate a competitive economic structure in the archipelago, in order to generate a sustainable development and to progress on the social and economic cohesion. The main three objectives are:

- Improving the competitiveness of the region's production structures through the development of knowledge economy and entrepreneurship (51.75% of the programme total amount)

- Strengthening territorial links and accessibility (energy and transport: 31.5% of the programme total amount)

- Sustainable local and urban development (13.4% of the programme total amount)


Project examples

Balearic Complex for Research, Technological Development and Innovation:

EU contribution: EUR 8,500.000

The construction of the complex R&D+i was born in 2010 with a strong social commitment. It aims firstly to promote a model of scientific research in order to attract talents and get really decisive progress through multidisciplinary research. Secondly, its objective is to facilitate the application of research results to innovation processes of companies. The complex will accommodate public research organizations based in the Balearic Islands and institutes and research groups of the university. It will strengthen strategic scientific and technical areas for the Islands, such as agriculture, fisheries, biology, biomedicine and technology development. It is expected to create around 100 jobs. The project will encourage the promotion of scientific research, promotion of science and technology and increased collaboration in R&D between companies, universities and administration.


Rehabilitation of archaeological sites and Sa Caleta and Sa Capelleta

EU contribution EUR 500,000

Sa Capelleta is a Punic-Roman site found in the area of Vila where the remains of a valuable ancient city were discovered. The place was declared a Cultural and archaeological site in 1993. Six years later, in 1999, it was included in the declaration "Ibiza, Biodiversity and Culture" as a World Heritage Site by UNESCO, and in 2001 in the Natural Park of Ses Salines of Ibiza and Formentera. Actions are being developed to adequate the archaeological finds and transform them into a museum. Panels and protective glasses have been installed and the walls have been slightly extended in order to help to better identify the structures. Wooden walkways and a reception point for visitors have also been installed. The revitalization of existing military facilities to install a future interpretive centre and the restoration of all archaeological structures are also part of the project.


Restoration of the Theatre Mar i Terra of Palma

EU contribution EUR 1,400 000

The rehabilitation of the Theatre Mar i Terra of Palma aims to decentralize cultural facilities in Palma and to highlight Balearic History. The theatre , built in the 19th century, is a theatre but it also hosts the local school of theatre and a classroom of popular culture and guarantees access to the public for leisure and cultural activities.


Further information:

Regional Government

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