Algarve's PRR Success: Over 5,900 Projects and €570 Million in Investments Approved
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Algarve's PRR Success: Over 5,900 Projects and €570 Million in Investments Approved

Economy
algarve
prr
investments
regionaldevelopment
economy
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Summary:

  • 5,922 projects approved in Algarve under PRR, totaling €570.5 million in investments.

  • New "PRR by Regions" section available on the Transparency Portal for detailed insights.

  • CCDR Algarve ensures compliance with reporting obligations every three months.

  • Breakdown of investments includes health, housing, and social responses among others.

Overview of PRR Investments in Algarve

In the scope of the Recovery and Resilience Plan (PRR), the Algarve region has successfully approved 5,922 projects, amounting to a staggering €570.5 million in eligible investments. This information is now accessible via the Transparency Portal, where the Mission Structure Recover Portugal has introduced a new section titled "PRR by Regions".

Detailed Insights on Regional Investments

This new feature allows users to explore PRR investments from North to South of the country and in autonomous regions, by selecting specific districts in Portugal and drilling down to the municipal level.

Reporting Obligations

The Coordination and Regional Development Commission (CCDR) of Algarve emphasizes that the Mission Structure Recover Portugal is tasked with disseminating information on approved PRR investments every three months through both paper and electronic formats in local or regional newspapers with the highest circulation in the relevant municipalities, as mandated by Decree-Law No. 29-B/2021.

CCDR's Role in PRR Execution

Since the beginning, the CCDR Algarve has played a crucial role in overseeing the execution of the PRR. This includes:

  • Information and communication measures to enhance transparency.
  • Active participation in defining applicable models.
  • Monitoring implementation progress and recommending improvements.
  • Reviewing semi-annual or annual monitoring reports from the "Recover Portugal" mission structure.
  • Analyzing evaluation reports regarding the results and impact of the PRR.

Breakdown of Projects and Investments

In the Algarve, projects and investments are distributed as follows:

  • National Health Service: 38 projects – €60.3 million
  • Housing: 61 projects – €115.9 million
  • Social Responses: 111 projects – €25 million
  • Culture: 20 projects – €7.8 million
  • Investment and Innovation: 19 projects – €30.1 million
  • Qualifications and Skills: 2,936 projects – €88 million
  • Infrastructure: 3 projects – €20.6 million
  • Water Management: 69 projects – €170.7 million
  • Marine Projects: 32 projects – €14.2 million
  • Decarbonization of Industry: 6 projects – €0.5 million
  • Energy Efficiency in Buildings: 2,542 projects – €15.9 million
  • Hydrogen and Renewables: 1 project – €1.9 million
  • Industry 4.0: 126 projects – €15.1 million
  • Digital Public Administration: 16 projects – €1.9 million

This comprehensive approach highlights the Algarve's commitment to leveraging the PRR for regional development and improvement in various sectors.

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