The Government of the Canary Islands has announced aid to compensate Canarian companies for the costs of maritime and air transport of goods between islands, endowed with 2.9 million euros.
The subsidy seeks to strengthen and reinforce the transport of goods between all the islands, with special emphasis on non-capital islands, in order to minimize product costs at the time of marketing and guarantee equal conditions when putting them on sale in the islands where they are not produced.
The payment of these aids is made retroactively for goods transported in the islands during the year 2020. To compensate for double insularity, in the case of transport from a capital island to one that is not, or vice versa, the Ministry of Transport will pay 100% of the eligible costs. In the event that transport is carried out between the islands of Gran Canaria and Tenerife, 50% is subsidized.
Of the total amount allocated in the budgets of the General Directorate of Transport for this aid, 2,358,269 euros are allocated to aid for the transport of industrial products, and another 552,000 euros for agricultural product goods.
To be eligible for these aids, which correspond to those transports of goods carried out during the entire period of 2020, the companies that request them must have produced the product to be transported entirely in the islands, or at least that those products are subjected in the Islands to a transformation process of at least 20%.
This aid from the Autonomous Community of the Canary Islands is intended to subsidize the costs to Canarian companies that request it, but also to compensate those local companies that requested state aid from the Ministry of Territorial Policy and Public Function and did not obtain 100% of the subsidy.
In this way, the Government of the Canary Islands guarantees companies the full collection of aid for the transport of goods, since it compensates them with the percentage not paid by the Ministry.