Orihuela City Hall has successfully secured a €41.4 million loan to fund a wide range of infrastructure and community projects. The funds were obtained through three separate loan agreements with Caja Rural Central.
The allocated funds will be used for various initiatives, including:
Infrastructure Development: Construction of the second phase of the Orihuela Costa Security and Emergency Centre, purchase of emergency vehicles, renovation of water supply networks, construction of a new footbridge over the AP-7, road improvements, and creation of new public spaces.
Historical Heritage Preservation: Revitalization of Orihuela’s historic centre, development of cultural and social infrastructure, and rehabilitation of the Regional Archaeological Museum.
Social Services and Community Development: Funding for social assistance programs, improvements to the Oriol Occupational Centre and CRIS, upgrades to public facilities, and investments in sports, health, and environmental initiatives.
Mayor Pepe Vegara expressed his satisfaction with the successful loan acquisition, stating that it, combined with the €20 million from the Municipal Land Patrimony, will enable the city to undertake significant investments across the municipality. These projects are expected to enhance the quality of life for Orihuela residents and contribute to the overall development of the city.
