//
The Regional Government of Madeira has authorized, through Ordinance no. 230/2026, the distribution of the budgetary charges necessary for the execution of the project titled Redesign of the Cortado Junction. The total investment amounts to 1,266,500.00 euros, plus VAT at the current legal rate.
The payment plan for this road infrastructure is scheduled as follows:
The ordinance also establishes that the amount set for each year may be increased by the balance from the previous year, ensuring the continuity of the tender procedure and the works.
The property located on Rua das Hortas, in Funchal, will continue to house the Regional Directorate of Sports services for another year.
The IMT, IP-RAM will now manage the sale of transport tickets and the distribution of revenue for Madeira's intermodal system.
The Regional Secretariat of Finance has redistributed budgetary charges to ensure continuous monitoring of the construction work.