The Port of Alicante Reaches €15.6 Million in Revenue and Plans Investments of €223 Million by 2029

The Port of Alicante has concluded a near-record year. With a revenue of €15.6 million, it approaches the highest record set in 2007 with €15.7 million. The figure recorded at the end of the fiscal year represents an increase of 3.8% compared to the 2023 turnover.

This was announced by Luis Rodríguez during the Board of Directors meeting held this morning, where Ana Lope Carvajal joined as a member representing the General State Administration, replacing José Antonio Segovia Arroyo.

The net profit has exceeded one million euros, consolidating the port's financial position with a liquidity of €17.4 million and no debt. The positive results allow the Port Authority to plan investments of €223 million by 2029 as part of its strategic plan. Of these, €90 million will be public and €133 million will come from the private sector, aiming to enhance and strengthen the productive capacity, competitiveness, and dynamism of the dock.

From the Port Authority, they also highlight that the result of the fiscal year would have exceeded €3.1 million, 13% more than in 2023, had it not been for a highly prudent accounting adjustment related to the impairment of the asset corresponding to the fixed structure of the breakwater island. This involved an investment of €2.7 million, considering the possibility of its demolition and, therefore, the 100% impairment of the invested value, "which would not exclude the possible recovery of the invested amounts, should the appropriate legal actions be taken against the contractor," explains the Port Authority.

Among the positive indicators presented at Thursday's meeting is the 11.6% increase in the ship rate, driven by the growth in cruise arrivals. Additionally, the operating resources generated reached €6.9 million, 20% more than in 2023, which strengthens the port's future investment capacity. In terms of expenses, there was a 4% increase in personnel costs, driven by the addition of new public employment positions.

Among the proposals presented to the Board by Rodríguez is the Smart Port project, which includes the adaptation of digital, sustainable, or energy needs. The project aims to create a comprehensive digital platform to develop a digital twin of the port, as well as improve energy networks or enhance operational efficiency and security through advanced automation and sensorization.

The total budget for the project amounts to €6 million, and to reinforce the project's viability, the Board has agreed to apply for funding from the FID program of the Ministry of Science and Innovation, under the Public Procurement of Innovation modality, which would cover up to 60% of the cost. This co-financing will accelerate the execution of actions that were already part of the Port Authority's roadmap.

Similarly, the non-substantial modification of the concession granted to Alicante Aquaculture, S.L., aimed at constructing a seriola multi-fattening module at Dock 11, has been approved. This project, key to the economic and logistical development of the port, involves a significant expansion in surface area and constructed volume, as well as technological and operational improvements.

Additionally, the request from the Real Club de Regatas de Alicante (RCRA) to ensure its presence in the port until 2048 has been approved. The port authority's decision is based on the positive impact of the investments made by the club, which have significantly improved the productivity, competitiveness, and quality of the nautical-sports facilities at the Port of Alicante.