Executive Committee and Plenary of the consortium
Approved the Strategic Plan-Three-year Action Plan and the budgets.
On Friday, November 13th, in the Board Room of the Santander Port Authority, the meetings of the Executive Committee and the Plenary of the ZFS Consortium were held, in whose midst the Exploitation and Capital Budgets and the Multiannual Action Program and the Strategic Plan-Triennial Action Plan were unanimously approved.
The budgets contemplate operating results for 2021 and 2022 with an increase of around 20% compared to the turnover forecast for this year of 2020, marked by the COVID crisis and which will close with a drop in activity of one 30%.
Besides that, the Operating and Capital Budget contemplates 4 million euros of debt authorization, with which it is intended to expand the Santander Free Trade Zone and improve its operation. In the words of the Special State Delegate, Francisco Fernández Mañanes, “we want to strengthen our value proposition, the reason for being of the Santander Free Zone, that is, the tax and customs advantages that we offer to companies that operate in our premises and, At the same time, we are determined to boost our economic activity in order to generate wealth and employment”.
In this sense, the Strategic Plan-Triennial Action Plan (2020-2022) establishes the three main strategic orientations of the Santander Free Zone Consortium: maintenance and improvement of operations, investments to increase turnover and improve the productivity and expansion of new lines of business. And to these strategic orientations are tied 8 major objectives of which the Special State Delegate placed special emphasis on “attracting companies to the ZFS site, the search for business opportunities outside the ZFS site, the expansion of the free zone promoting our value proposition and the maximum use of existing facilities”.
“All these future actions can be undertaken, highlighted the Special State Delegate, thanks to the robust financial situation of the entity, with almost 9 million euros of net worth, its extensive experience in the sector and the quality of human capital with which it counts”.
