//
The Regional Government of Madeira, through the Regional Secretariat of Finance and the Regional Secretariat of Equipment and Infrastructure, has formalized the authorization for the distribution of budgetary charges intended for the rehabilitation of the Porto Santo Golf Course. This measure, made official by Ordinance No. 136/2026, aims to co-finance investment expenses under PIDDAR Project No. 53318.
The program contract will be signed between the Autonomous Region of Madeira and the Sociedade de Desenvolvimento do Porto Santo, S.A., with a maximum global amount of 1,550,000.00 euros. The funding is staggered as follows:
The ordinance also establishes that the amount set for each fiscal year may be increased by the balance found in the previous year. The mentioned values do not include VAT at the current legal rate. The funds for the current year are duly registered in the budget of the Regional Secretariat of Equipment and Infrastructure, with funds for subsequent years provided for in future budget proposals.
The deadline for submitting proposals for grid injection capacity reservation has been extended until June 17, 2026.
The Regional Government of Madeira has reprogrammed budgetary expenses for the purchase of 533 new homes under the Recovery and Resilience Plan.
The Regional Government of Madeira has approved the distribution of budgetary burdens for the requalification of Largo da Republica, in a project to be executed by SMD - Sociedade Metropolitana de Desenvolvimento, S. A.