16 Dec, 2016 @ 15:54
1 min read

Junta recommends not to return €5 million luxury Bajadilla port deposit to Sheikh Al-Thani

La Bajadilla proyecto e
La Bajadilla project

La-Bajadilla-proyecto-500x263THE SHEIKH behind the failed Bajadilla port project looks set to lose his €5 million deposit.

The Junta’s Consejo Consultivo de Andalucía has recommended that the Agencia Pública de Puertos de Andalucía (APPA) does not refund the sum paid by Abdullah Ben Nasser Al-Thani to secure the right to develop the luxury €109 million eastern Marbella marina.

This is because he has failed to begin any works or pay other essential fees since the contract was awarded to his company Nas Marbella in 2011.

The news comes only two weeks after Al-Thani, who owns Malaga Football Club, was told that he was likely to lose the contract for the same reasons.

sheikh abdullah al thani sells malaga fc
Sheikh Abdullah al Thani

The APPA is currently in talks with other parties who want to take on the project, which is focussed on an area two kilometres from Marbella’s Puerto Deportivo.

The aim is to bring more investment into the town and create thousands of jobs.

Brexit
Previous Story

Madrid restaurant launches anti-Brexit menu

Ebola Malaga hospital e
Next Story

British pensioner dies after crashing into lamppost outside Malaga hospital

Latest from Business & Finance

Go toTop

More From The Olive Press