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Through Ordinance no. 168/2026, the Regional Government of Madeira has amended and redistributed the budgetary charges related to the Technical and Financial Cooperation Program Contract signed with the Municipality of Sao Vicente. The objective is to finance the "Redevelopment of the Calhau de Sao Vicente Seafront" project, totaling €3,372,500.00.
The new schedule of charges, which modifies the provisions of Ordinance no. 623/2024, is defined as follows:
The expenditure for the current year is covered by the budget of the Regional Directorate for Budget and Treasury.
The Regional Government has authorized the amendment of the program contract with IHM for the expansion of the housing stock, with a total investment of 125.25 million euros.
IHM - Investimentos Habitacionais da Madeira has extended the deadline for submitting proposals for land allocation in Imaculado Coracao de Maria.
The Regional Secretariat for Equipment and Infrastructure has authorized the creation of a 300 euro petty cash fund for the Regional Civil Engineering Laboratory.