Marbella’s fishing port La Bajadilla will be expanded to a total cost of 400 million Euros. The Andalusian Port Authority has selected the project submitted by the sheik from Qatar Abdullah Ben Nasser Al-Thani, who is also owner of the football team Malaga CF. He will invest 100 million Euros in Malaga football team for next season. Now presented the next venture on the Costa del Sol by Sheikh Nasir bin Abdullah. Leisure Port Puerto de La Bajadilla in Marbella should be expanded. The Andalusian Port Authority rejected an alternative project for the port, which had been presented by local entrepreneurs. Marbella La Bajadilla port is situated at the northeastern entrance to Marbella is more than double its current capacity and provide moorings for a total of 1220 boats. In addition, the port to accommodate cruise ships, which will benefit the local economy to any great extent. Also will the construction and sale of Property Marbella like Marbella apartments and Marbella villas will increase with these investments. The actual construction project is budgeted at 84 million Euros, although the total investment is said to be around 400 million Euros, without need of loans. The agreement includes development rights for 40 years and the new port is expected to take four years to complete, from the commencement of work. Marbella municipality and Marbella Town Hall Mayor Angeles Munoz support this project for put Marbella on the map again as a friendly town on Costa del Sol.
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