The budget for the Ministry of Public Works, Housing, and Mobility for 2027, presented by Minister Pablo Rodríguez to the Budget and Finance Commission of the Parliament of the Canary Islands, totals 551,082,944 euros. The accounts prioritize investment in housing, road infrastructure, public transport, mobility, coasts, and Canary Islands Ports.
The Canary Islands Housing Institute (ICAVI) will receive 249,052,938 euros, a 26% increase from the previous year, marking the highest budget in its history for the fourth consecutive year. Of this amount, 93.3 million euros will be allocated to the construction of public housing, 84.7 million to rent and acquisition subsidies, and 51 million to rehabilitation and maintenance of the public housing stock.
The minister emphasized that housing is a "major concern for Canary Islands families" and that the budget addresses "all its facets," from the construction of public housing to rent subsidies and rehabilitation. The joint action of ICAVI and VISOCAN will expand the public housing stock across all islands, currently totaling 3,963 homes in various stages.
In terms of road infrastructure, the General Directorate will have 227.4 million euros, of which 215 million correspond to the 2027 installment of the 2018-2027 Road Agreement. For Transport and Mobility, the budget will be 147.3 million euros, with 99.6 million allocated to public transport support measures, including free travel.
Canary Islands Ports will receive 30.4 million euros for investments, while the Vice-Ministry of Infrastructure will have 10.6 million euros for innovation and the blue economy. The General Directorate of Coasts will be allocated 3.6 million euros to advance the development of a Canary Islands Coastal Law.
