Blue economy

Experts in Blue Economy

Within the marine sector, Tenerife has the optimal conditions to be an enclave for exports to countries on the African coast: a logistic hub for transit and tricontinental activity and for the provision of services to the platforms currently operating in the area. In the last year, the blue economy employed 61,135 people, which represents 6.17% of the total number of people employed in the Canary Islands.

In Tenerife, the development of this activity covers various areas, including aquaculture, blue biotechnology, marine renewable energy, blue tourism and maritime transport, where opportunities for investment are offered with a focus on sustainability and innovation. The island has a policy of support for companies operating in this sector, with tax incentives and a favorable business environment.

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.

Logistics and maritime transport: Transit Hub

Naval repair

Oil & Gas

Cold storage

Bunkering and provisioning

Offshore

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