Why Tenerife

Blue Economy

Experts in Blue Economy

Within the marine sector, Tenerife presents the optimum conditions to be very important for export to countries on the African coast: a logistics hub for transit and tricontinental activity and for the provision of services to the platforms currently operating in the area. The blue economy represents 7% of direct activity in the Canary Islands, 7.4% of GDP and 6.1% of GVA, with more than 45,000 related workers.

The geostrategic positioning of the Canary Islands ports and their level of maturity represent a great opportunity for the development of this strategic sector. The quality of local specialized services and the possibility of providing and attracting foreign specialised talent are aspects that are highly valued by companies already operating on the island.

Activities

Oil & Gas

Cold storage

Bunkering and provisioning

More information can be found in the Guide for Doing Business in Tenerife