Post by pigeonpie on Jan 8, 2009 10:05:07 GMT
The government this week began the process for Plan Renove
Remodeling.Plan Renove facilities will adapt to the needs of customers
ORP Mahón
Plan Renove tourism in force. SMEs can now submit their proposals for redevelopment in order to achieve modernization of tourist destinations mature if Menorca. However, it will not be until next Monday when the Official Credit Institute (ICO) with strong banking agreement by which you can dispose of 400 million euros budgeted by the State for this purpose.
The publication last Saturday in 3 days the Official State Bulletin (BOE) of Royal Decree 1916/2008, of November 21, which regulates the initiative to modernize destinations mature materialize its entry into force and, therefore, allows employers to submit applications and the first to renew their business. Plan Renove is directed to companies with hotels, apartments, camps and lodgings to the restoration of tourism or complementary travel agencies wishing to modernize and rehabilitate its institutions. The maximum amount is to cover 90 percent of the net investment and the ceiling will be accumulated by the beneficiary to be applied to the repayment period selected. The state will transfer this funding to zero percent and the interest rate applicable to the final beneficiary will be the 1.5 percent margin to be set by credit institutions.
The proposed repayment terms are five years with no grace period or a grace period of one year for an investment exceeding one million, seven years without absence or lack of two years for up to one million euros; ten years with no grace period or three years for lack of a maximum of 660,000 euros and twelve years without absence or lack of a limit to four years less than that amount.
The criteria for the award was valued those investments that contribute to adding value to the product as "improvements to the sustainability of the facilities, especially for energy conservation and environmental improvement, investment aimed at implementing quality systems, improvement of accessibility and deployment of new technologies. "
According to the Government, the plan meets the needs of the sector because it aims to "improve the balance between tourism and the environment and urban tourism and adapt to the new model of tourism, through the diversification of product segmentation and demand
Read more on this article
Remodeling.Plan Renove facilities will adapt to the needs of customers
ORP Mahón
Plan Renove tourism in force. SMEs can now submit their proposals for redevelopment in order to achieve modernization of tourist destinations mature if Menorca. However, it will not be until next Monday when the Official Credit Institute (ICO) with strong banking agreement by which you can dispose of 400 million euros budgeted by the State for this purpose.
The publication last Saturday in 3 days the Official State Bulletin (BOE) of Royal Decree 1916/2008, of November 21, which regulates the initiative to modernize destinations mature materialize its entry into force and, therefore, allows employers to submit applications and the first to renew their business. Plan Renove is directed to companies with hotels, apartments, camps and lodgings to the restoration of tourism or complementary travel agencies wishing to modernize and rehabilitate its institutions. The maximum amount is to cover 90 percent of the net investment and the ceiling will be accumulated by the beneficiary to be applied to the repayment period selected. The state will transfer this funding to zero percent and the interest rate applicable to the final beneficiary will be the 1.5 percent margin to be set by credit institutions.
The proposed repayment terms are five years with no grace period or a grace period of one year for an investment exceeding one million, seven years without absence or lack of two years for up to one million euros; ten years with no grace period or three years for lack of a maximum of 660,000 euros and twelve years without absence or lack of a limit to four years less than that amount.
The criteria for the award was valued those investments that contribute to adding value to the product as "improvements to the sustainability of the facilities, especially for energy conservation and environmental improvement, investment aimed at implementing quality systems, improvement of accessibility and deployment of new technologies. "
According to the Government, the plan meets the needs of the sector because it aims to "improve the balance between tourism and the environment and urban tourism and adapt to the new model of tourism, through the diversification of product segmentation and demand
Read more on this article
