Cádiz Port Authority approves 1,024-space parking project

The Port Authority of the Bay of Cádiz (APBC) has approved an administrative concession to Iniciativas Sociales Productivas, S.L. for the construction and operation of a 1,024-space parking facility on the Reina Sofía pier esplanade.

The project represents a 20.2 million euro investment aimed at integrating the port with the city. This approval follows two previous failed public tenders that yielded no offers. Under the new terms, the concession period is set at 50 years, and the capacity has been increased from a previous minimum requirement of 750 spaces to a final capacity of 1,024 spaces.