The mayor of Valencia, María José Catalá, announced this Tuesday that the City Council is negotiating and "hopes to soon have confirmation that the Asian Development Bank establishes its headquarters for all of Europe in the city of Valencia." A project, Catalá explained, that will involve an investment of 1.2 million euros.
The Asian Development Bank is a financial organization for the economic development of Asia and the Pacific whose main objective is the eradication of poverty and providing aid to improve the standard of living of the population of the region through loans and technical collaboration.
Along these lines, the mayor of València, who participated this morning in the Mediterranean Tribune Europe Forum, explained that in recent months the City Council has held meetings with different business groups that are going to present proposals that involve future investment in the city. of Valencia of more than 220 million euros.
For this reason, he did not hesitate to point out to the audience – among whom was the president of the Generalitat, Carlos Mazón, who introduced him, as well as important businessmen and union representatives – that “there is a real interest” in Valencia and that The city “generates expectation.” “Valencia is once again on the map and this government is not going to waste it.”
Catalá has reiterated the idea that València can become the second city in Spain "and compete with the first when necessary."
The other big announcement in his speech was for Valencia CF. Catalá has pointed out that he has already made a decision: "The agreement with Valencia CF will not begin to be negotiated until the club resumes work on the new stadium and a high degree of development is observed." The leader of the PP has indicated that the license could be in the first quarter, but she has stressed that they are going to put a series of demands on the club led by Peter Lim.
Thus, the agreement will establish a temporary schedule of the works, failure to comply with the works program will mean the imposition of penalties on Valencia C.F. and the payment of these penalties must be guaranteed by bank guarantee. Finally, a detail of the sources of financing for the works of the New Stadium will be incorporated into the agreement. “You couldn't be more guaranteeing,” the mayor pointed out.
