Who approved the plan?

The Consejo Rector de Puertos del Estado, within the Ministry of Transport and Sustainable Mobility, on 27 July 2026 according to its statement.

How much is invested in 2027?

1.567 billion euros nationwide across all Spanish ports, per the ministry.

Which Canary ports are named?

Las Palmas, Puerto del Rosario (Fuerteventura) and Granadilla (Tenerife).

How much goes to the Canaries?

No separate amounts were published for the individual island projects; they are part of the nationwide plan.

Are there figures on new jobs?

No, the plan gives no specific employment or traffic figures for these projects.

CANARY ISLANDS · ECONOMY

Canaries in Spain's 2027 State Ports Plan: Investments for Las Palmas, Fuerteventura and Tenerife

The Canary Islands feature prominently in the new investment plan of Spain's state ports body, Puertos del Estado, for 2027. Key projects are earmarked for the ports of Las Palmas, Puerto del Rosario on Fuerteventura and Granadilla on Tenerife.

11 August 2026 · By Martin Kosinski · 5 min · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Photo: Ivanhercaz, CC BY-SA 4.0 (Symbolbild).

The Ministry of Transport and Sustainable Mobility approved the plan on 27 July 2026, according to its statement. Nationwide, it foresees investments of 1.567 billion euros — part of a wider strategy running to 2030.

What the plan is

The Consejo Rector de Puertos del Estado (the state ports board) approved investments totalling 1.567 billion euros across the whole Spanish port system for 2027, according to the ministry. Responsibility lies with the Ministerio de Transportes y Movilidad Sostenible under Minister Óscar Puente.

The annual budget forms part of a 2026–2030 strategic plan that the body puts at roughly 7.093 billion euros in total. The stated aim is to strengthen the competitiveness of ports as strategic infrastructure.

The projects on the islands

For the Canaries, the plan lists three schemes among its main planned actions. In Las Palmas, it concerns the expansion of the "muelle adosado" (attached wharf) at the Reina Sofía breakwater (dique). In Puerto del Rosario on Fuerteventura, a commercial breakwater-wharf (dique-muelle comercial) is planned.

On Tenerife, the development of the "muelle de Ribera" at the port of Granadilla is on the list. No separate amounts have been published for these individual Canary projects in the material available; they are named as part of the nationwide plan.

Where the money is set to go

The largest block, according to the ministry, is infrastructure at 913.8 million euros. Sustainability accounts for 321.8 million euros — around 20 percent — while land access, mainly rail connections, takes 179.7 million euros.

Other lines include port-city projects (67 million euros), security (51.2 million euros) and digitalization (26.4 million euros). Priorities cited by the ministry include onshore power supply (OPS) electrical connections for ships to cut emissions.

Why it matters for the islands

The Canary ports are lifelines for the archipelago's supply, trade and tourism. Las Palmas is regarded as a significant hub in the Atlantic, while Fuerteventura and Tenerife are important for freight, ferries and cruise traffic.

The plan does not give precise figures for additional traffic, revenue or new jobs tied to the three schemes. The economic significance here rests on the ports' role in connectivity and logistics, not on effects quantified in the plan itself.

Finances and next steps

For 2027, Puertos del Estado projects net business revenue of 1.437 billion euros and a pre-tax result of around 167 million euros, according to its own figures. Investments are to be funded in part from fee income.

Delivery of the Canary projects is likely to run through the responsible port authorities — the Autoridad Portuaria de Las Palmas and the Autoridad Portuaria de Santa Cruz de Tenerife. The 2027 budget is a planning figure and still has to be executed.

Good to know: Official details and progress can be followed through the announcements of Puertos del Estado and the port authorities of Las Palmas and Santa Cruz de Tenerife.
The project names used here match the designations listed in the plan.

Context: The 1.567 billion euros is a nationwide figure for all Spanish ports. No separate amounts have so far been published for the individual Canary projects. The plan is an annual budget for 2027 and may shift during execution.

Key facts & figures

€1,567m total investment for 2027 across the Spanish port system (Puertos del Estado)
€913.8m for infrastructure; €321.8m (around 20%) for sustainability
€179.7m for land access, mainly rail
~€7,093m in the 2026–2030 strategic plan
€1,437m projected net revenue for 2027; ~€167m pre-tax result
3 Canary ports named: Las Palmas, Puerto del Rosario, Granadilla

FAQ

Who approved the plan?: The Consejo Rector de Puertos del Estado, within the Ministry of Transport and Sustainable Mobility, on 27 July 2026 according to its statement.
How much is invested in 2027?: 1.567 billion euros nationwide across all Spanish ports, per the ministry.
Which Canary ports are named?: Las Palmas, Puerto del Rosario (Fuerteventura) and Granadilla (Tenerife).
How much goes to the Canaries?: No separate amounts were published for the individual island projects; they are part of the nationwide plan.
Are there figures on new jobs?: No, the plan gives no specific employment or traffic figures for these projects.

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