Teruel.- The Secretary of State for Territorial Policy, Arcadi España, has visited the airport of Teruel, where he has highlighted his role as “a reference economic engine for the province and an example of well-oriented public investment”.

Spain has stressed that the airport has been consolidated as a success thanks to the collaboration between administrations and the promotion of the companies that operate there, a combination that has generated “a real positive spiral”: more than 115 million euros of investment since 2007, financed 50% by the Government of Spain and the Government of Aragón, more than 800 direct jobs and the forecast to reach 1,000 in the coming years, as well as an educational and technological ecosystem that trains professionals for the industries linked to the airport installation.

Teruel Airport, a management reference

The Secretary of State has pointed out that this model, which integrates institutional cooperation and public-private collaboration, is already a reference for other airports managed by autonomous communities together with municipalities. “When we work together, when we collaborate, we move forward. And today we see it clearly in Teruel,” he said.

During his speech, Arcadi Spain announced that in the coming days the Royal Decree will be approved that will allow activating 36.5 million euros corresponding to the Spanish Government’s endowment to the Teruel Investment Fund (FITE) in this year. He has also confirmed that the commitment to sign the agreement and to increase the Fund’s allocation by 26 million in two years will be fulfilled, according to the agreement reached between the president of the Government of Spain and the president of Aragón. “All commitments are going to be fulfilled. There will be financial stability, more public investment and a strengthened FITE to continue driving the airport and the province of Teruel as a whole,” he concluded.

FITE

The Teruel Investment Fund (FITE) is an instrument of interterritorial solidarity created in 1992 to promote strategic investments in the province of Teruel. It is articulated through annual agreements between the Government of Spain and the Government of Aragon. From 2008 to 2024, the contribution of the State has been 30 million euros each year, which means a total of 210 million euros aimed at promoting economic activity and correcting territorial imbalances in the province, equated with contributions from the autonomous community.