Closer ties for the Canaries and Norway

16 Feb 2017
CCB ZAMAKONA OFFSHORE SL plans to jointly invest €20 million for the development of a repair centre for oil platforms

CCB ZAMAKONA OFFSHORE SL plans to jointly invest €20 million for the development of a repair centre for oil platforms

Governmental representatives from the Canary Islands and Norway have met to further develop the commercial, economic and social ties between the two countries.

Fernando Clavijo, the President of the Government of the Canary Islands and Pedro Ortega, the Minister of Economy, Industry, Trade and Knowledge, held a working meeting with the Norwegian ambassador to Spain, Helge Skaara.

Norway and the Canary Islands maintain a historical relationship in different areas, largely built on tourism. The Canary Islands also has a Norwegian community resident in the islands of about 3,000 Norwegian citizens who mainly live in the south of Gran Canaria.

This interest has materialised in the implementation of some Norwegian companies seeking alliances with the Canary Islands private sector to generate integration in the local business sector, synergies and mutual benefit.

The recent alliance between Zamakona Yards and the prestigious Norwegian company Coast Center Base (CCB) is a clear example of this. The resulting company CCB ZAMAKONA OFFSHORE SL plans to jointly invest €20 million for the development of a repair centre for oil platforms with a total area that occupies 6,000 square metres in the Port of Las Palmas.

The first phase of the project has already executed with the construction of the building that houses the main workshop, offices and storage areas.

Norwegian companies consider the Canary Islands as a business platform for West Africa with potential in sectors such as tourism, renewable energy and blue economy. Currently there are 16 Norwegian companies from different sectors and many of them operate under the Special Zone of the Canary Islands regime (ZEC) that offers important tax advantages for these companies.

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