Malaga province took a big step forward this week towards a much-needed logistics park to meet the growing demand for larger warehouses for the distribution of goods.
On Wednesday Unicaja Banco agreed with shareholders of the Antequera scheme to provide a 22-million-euro bank guarantee that is seen as key to getting the public-private initiative started.
MegaHub Andalucía, as it will be known, will be built on over 102 hectares of land next to Bobadilla railway station, in inland Malaga province. The project has been talked about for 15 years and is expected to cost 39 million euros. In time it could grow to 392 hectares and create 2,500 local jobs, say the promoters.
Antequera is considered an ideal location as it is positioned close to the geographical centre of Andalucía, with good motorway links to large cities and ports. Moreover, there is a shortage of space on the Costa del Sol to build the next-generation warehouses that companies need to distribute their goods locally. The site would also be linked to the rail network.
The scheme is being driven by local businessman Domingo de Torres and the Junta regional government will put up 17 million euros.
Construction should start in early 2021 with the first firms moving in in 2023.