VALENCIA NEWS


   
 Investment pours into Valencia (02/26/04)
 (source
: IBI News)

Marina developers along the Costa Blanca are gearing up for the 2007 America's Cup in Valencia, as investment money begins to floods in.

Valencia mayoress Rita Barbera and regional President Francisco Camps have requested an investment of 600 million euros from the European Union Region's Committee to restore the maritime district of the Port of Valencia in time for the event.

The grants would also be used to improve access to the future Balcon al Mar, the area of the shoreline that will form a focal point for visitors to the international sailing competition.

Public investment in Valencia is expected to be 1.9 billion euros, with external investment bringing the total to three billion euros. The event is also expected to provide 10,000 new jobs.

The provincial government has also presented a proposal to make several of the Costa Blanca's harbours secondary venues for the competition.

Harbours from Denia to Villajoyosa have extremely good chances of becoming venues due to their proximity to Valencia, although Alicante, Campello and Santa Pola have also been suggested.

Valencia Port will host the competing yachts, but hundreds of auxiliary vessels will require moorings along the Costa.

 
 Luna Rossa and Le Défi make a place in Valencia (02/19/04)
 (source
: masmar.com)

According to the Spanish Website Masmar.com, the new Luna Rossa Challenge and the French Team Le Défi came to an agreement with the Club Náutico de Valencia to use (at Alinghi's side) the former Desafio's base for the Louis Vuitton Cup 2000.

The two teams will head to Valencia in the next two month as the new Defender is already beginning its installation there.

 
 The Lion's Share for Alinghi and Oracle (02/15/04)
 (source
: masmar.com)

The "Dársena Interior", the section of the port that will serve as home base for the Cup, will not be ready before the end of the year or the beginning of 2005.

For that reason, a first speed race is now on to discover provisional solutions that allowed first training in Valencia imposed by a competing environment. Here as elsewhere, Alinghi and Oracle have a length in advance on the other syndicates.

The two billionaires teams agreed with the Club Náutico de Valencia to use
the 3000 square meter place that was the Desafio Español base for the Louis Vuitton Cup 2000 (the new Spanish Challenge will compete under a new burgee).

However, it seems that the two megateams are ready to make a little room in the base for a third team, which could be the former Défi Areva.

A meeting was recently held about this in Monaco beetween Pepe Marzal, the commodore of the Real Club Náutico de Valencia, and the French representatives.

 
 The America's Cup in the European Parliament (02/10/04)
 (source
: European Committee of the Regions)
In the framework of the European Year of Education through Sport, the European Committee of the Regions has decided to organise a Forum about "The impact of major sporting events in host regions and cities" in Brussels on 11 and 12 February .

In total there will be around ten EU regions and towns presenting their sports projects and the 32nd America's Cup 2007 will be one of the majors events presented by Mrs Rita Barbera, Mayor of Valencia.

An exceptional exhibition will be devoted to the return to Europe of the prestigious and venerable sporting event, 150 years after the first race was hosted by the Isle of Wight (UK).

In the other events there will be the Athens Olympic Games 2004, the Almeria Mediterranean Games 2005 and the Torino Winter Olympic Games 2006.
 
 Canal works will start before the summer (02/09/04)
 (source
: Panorama Actual)

The Mayoress of Valencia Rita Barbera announced that the public tender for the construction of the canal will be opened in the third week of February.

The 800-metre long canal, 80 metres wide and seven metres deep will allow participating yachts to glide out of the port and reach the race area in 15 minutes.

According to the Valencian administration, it is expected that work will begin before the summer. A very ambitious deadline for a public tender.

 
 Vigo and Valencia signed an agreement (02/02/04)
 (sources
: Masmar
& Boot.de)
2003 was a very good year for the Spanish. After Vigo, in the northwest region of Galicia, was chosen to host the start of the Volvo Ocean Race (on November 12, 2005), ACM announced that the host city for the 2007 America’s Cup would be Valencia.

Now the two cities have signed a partnership agreement, declaring their common intention to make profitable the proximity of the two events

"The goal is to join efforts to make our two Communauty the reference for nautical tourism, on the Mediterranean for Valencia and on the Atlantic coast for Vigo", explained Manuel Fraga (also known as 'Don Manuel'), the president of the Spanish province Galicia.

According to the document signed by Manuel Fraga and Francisco Camps, the President of the Valencian Generalitat, the two Government will work very closely to prepare their respective competition, particularly concerning the promotion actions.

Meanwhile, Work has already begun in Valencia on its massive expansion programme. Mayoress Rita Barbera also announced this week the construction of a unique hotel on Balcon al Mar similar to the Sydney Opera House.
 
 European funds for Valencia 2007 ? (01/13/04)
 (source
: Panorama Actual)

Juan Eduardo Santón, Valencia municipality councellor in charge of innovation was today in Brussels in order to access European funds for the America's Cup 2007.

The European Union is also looking for projects to support which will aid regeneration, such as tourism and sport events, environmental activities and retraining programmes for people who need to find new employment.

After a meeting with Juan Manuel Revuelta, Permanent Representative of Valencia to the European Union in Brussels, Juan Eduardo Santón have met Damian Lluna, administrator in the Commission for Territorial Cohesion Policy of the Committee of the Regions.

It should be remembered that Valencia is a area very favoured by the European funds, eligible for financing under several programmes and projects.

 
 A common programme for Valencia and ACM (01/08/04)
 (source
: Panorama Actual)

The municipality of Valencia and AC Management have scheduled a meeting in Geneva in February "to define a strategy of development", to write a "image and mark instruction manual" and to get along on a "common message of communication".

During this meeting, the contracts will be finalized and the "parallel events" (cultural, social...) will be examined.

The last meeting had been held in November, just after the Spanish victory, and has been devoted primarily to examine the work scheduled in Valencia (see Valencia page for details).

 
 America's Cup work to start (12/19/03)
 (source
: Panoram Actual)
Work is to start on the improvement of Valencia Port for the Americas Cup is to begin next month, according to Jose Salinas, the director general of the consortium Valencia 2007.

This was decided at the first meeting of the Consortium, which also included Rita Barbera, the Mayoress of Valencia, the Madrid Conseller for health, and Manuel Lamela, the vice president of the Consortium as well as Economy Conseller Gerardo Camps.

The construction of a canal to the sea that will join the regatta site, the improvement of the interior parts of the port and the final improvements on the team bases all form part of this first wave of works.

Some of these are to be finished by next summer, in time for the first of the 'pre-regattas'.