The Government of Spain has allocated more than €288 million to improve tourism infrastructure in the Balearic Islands, an unprecedented investment aimed at promoting a more modern, sustainable, and adaptive tourism model that meets the needs of both visitors and residents. This was highlighted by the Minister of Industry and Tourism, Jordi Hereu, during his visit to Magaluf, in the municipality of Calvià.

Hereu pointed out that this investment—the highest and most diversified in the history of tourism in the Balearics—has enabled the launch of 70 projects across the four islands, primarily funded through the European Next Generation funds and the Sustainable Tourism Tax (ITS). These initiatives respond to the need to transform the traditional tourism model into one based on triple sustainability: economic, social, and environmental.

“Never before has such an ambitious tourism investment been made in the Balearics. These measures are helping to transform the destination and consolidate a model that is internationally renowned,” stated the minister.

ministro turismo en mallorca

During his stay in Mallorca, Hereu held meetings with union and business representatives from the tourism sector at the Chamber of Commerce of Palma, where he emphasized the importance of strengthening public-private collaboration and acknowledged the islands’ role as a pioneer in tourism regulation.

A model to follow

The Minister of Industry presented the Balearic Islands as a model for other regions, noting that the archipelago has led the way in innovative policies such as the implementation of the ITS (2016), regulation of vacation rentals (2017), and the decree to curb excess tourism (2020). These measures have helped organize the offer, manage demand, and improve coexistence in major tourist destinations.

He also emphasized that the Balearics, as an extra-peninsular territory, have benefited from a deadline extension for executing projects financed with European funds, which may now be completed until December 31, 2025.

The minister also underscored the resilience of the Balearic tourism sector in the face of challenges stemming from the pandemic and the current geopolitical context, reaffirming the central government’s commitment to a sector that is “strategic for the country’s prosperity, and key to the GDP and labor market.”