Feijóo stresses that this decision, the result of an exhaustive technical analysis by the company, is a fundamental step forward in this project, thus complying with the request made unanimously by the Galician Parliament for the factory to be located in the province of Lugo.

The development of this initiative would involve an investment of 800 million euros and the creation of 2,500 direct and indirect jobs.

The President stresses the need to close this project, being not only a candidate but also a successful recipient of European funds: “We need the central government to close this circle and commit to the material and efficient execution of the funds, according to the regulations of the same”, he emphasises.

26 April 2022

After a meeting with the CEO of the company, Jose Soares de Pina, the President of the Xunta de Galicia, Alberto Núñez Feijóo, stated that this decision, the result of an exhaustive technical analysis by Altri, is a fundamental step forward in this project, thus complying also, with the request made unanimously by the Galician Parliament for the factory to be located in the province of Lugo.

“We are talking about an investment of just over 800 million euros and the creation of 2,500 direct and indirect jobs,” he said, stressing the enormous importance of this plant for Galicia, becoming the only textile fibre factory in Spain.

During his speech, the President of the Xunta recalled that this is a new project that has been “desired and worked for” for a long time and emphasised the need to close this project, being not only a candidate but also a successful recipient of European funds. ““We need the central government to close this circle and commit to the material and efficient execution of the funds, according to the regulations of the same”, he added.

In this regard, he affirmed that the regional administration, within its area of competence, would continue to be committed and to work to advance in all phases of its development.

The head of the Galician government concluded by thanking Altri for the decision to invest in Galicia, with a project through which the region aims to make up 3% of the world production of sustainable fibre.