Lagos to benefit from a multi million Euro investment

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October 2, 2012 Algarve, Blog, Lagos, Portugal

Lagos to benefit from a multi-million Euro investment

The Lagos Council has recently signed a rather wide-reaching protocol with the SONAE chain, with the aim of developing and fixing up various urban and patrimonial sites throughout Lagos. Julio Barroso, Lagos’ Mayor is indeed hopeful that this agreement will prove to bare fruits, saying that the agreement is indeed a bonus for the municipality, especially when you consider the current international, national and regional economic issues.

The agreement has sealed the group’s intentions of investing heavily in Lagos by establishing various operations which will be carried out in and around the city, all of which relevant to the city’s interests, one very important one being the definition of the project for the Crotalia Towers and the Baluarte land.

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