Corporate & Business BOE Importance: 6/10

Balearic Islands streamlines procedures for strategic private investment projects and public works

17 Jul 2026 Effective: 17 Jul 2026 37 views
Who is affected:
Investing companies, private developers and public administrations in the Balearic Islands

Summary

The Balearic Islands create a preferential procedure for strategic private projects and simplify administrative bureaucracy. It seeks to diversify its economy beyond tourism and attract investment in technology, health and education.

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Ley 4/2026 of the Balearic Islands establishes the figure of Projects of Special Strategic Interest (PEIE) with preferential processing and single window for private investments in sectors such as technology, health, education and water cycle. The Accelerator Unit and the Commission for Accelerating Strategic Projects …

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Full official title

Ley 4/2026, de 11 de junio, de medidas urgentes para acelerar proyectos estratégicos que contribuyan a la transformación económica de las Illes Balears y de otras medidas de simplificación y racionalización administrativas.

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