Spain had tried already to create the European 'Miami'.
A combination of hotels, apartments and retirement homes for European pensioners and partly-retired professionals, all over the Spanish coast. The project included the construction and updating of communication infrastructures, such as the AVE, highways and airports. Now, big plans are coming again.
The first one is the Eurovegas,which is getting great presence in the media because the American company that will develop the mega casino is in Spain, checking two likely locations, Madrid and Barcelona. The entrepreneur Adelson demands, among other petitions: lands expropriation, special tax treatment, and smoking permission in public places. In returns, up to 250,000 employs will be created, Adelson say. Some sources make sure that most of Adelson’s requirements has been satisfied, and only the casino location is left to know.
The second project is in Mallorca. The developer Roland Ras has presented to the Govern Balear a plan in order to remodel Palma’s Habor. This undertaking could create up to 33,000 employs. The stipulated period to finish the redesign is around 5 years. The work would be over a surface area of a million square metres and the industrial area would be enlarge in nearly 400,000 square metres.
The project would be developed by a private group with American and German funds. ‘Now is a good moment to invest in Spain and we see an opportunity for it’ Ronald Ras said.