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31.01.2017 13:23

PTS Announces Positive Investment and Employment Figures

The Granada Health Science Technological Park (PTS) is more than meeting the job and wealth creation targets set out when it was established, according to PTS Foundation managing director Jesús Quero. The figures were presented at the most recent meeting of the PTS Foundation board, who met to discuss the close of the 2016 financial year. Other matters discussed by the board included the expansion of the Park and the opening of new buildings for R&D&I and healthcare sector companies.


Healthcare, teaching and business activities are the cornerstones of the PTS.

Between 2005 and 2016, around 700 million euros were invested in the Park's 25 buildings as well as its grounds and facilities. The PTS has also created almost 2,800 jobs. According to Jesús Quero, this is “an increase of 3.62% over the previous financial year, and does not include the staff providing services in the University Hospital. Counting them as well, the total number of people working in the Park is 4,971.”

Mr Quero went on to say that the Park is meeting its objectives in its role as a driving force behind Granada's economic development. In his words, “although the PTS project is centred around health, it also promotes mechanisms to transfer the knowledge generated in Granada – the equivalent of 4% of all knowledge generated in Spain – to the real economy. So it helps create wealth and jobs and increase Spain's gross domestic product.”

The current phase of the PTS project (625,000 square metres) is set to be completed in 2017 with the opening of the new Business Centre and Health Centre, and the completion of the International Institute of Phlebology. Green and empty spaces will also be developed to create what Mr Quero describes as the “true lungs of the Park”. A 2.5 million-euro budget has been provided by the Regional Ministry of Employment via the Andalusian Innovation and Development Agency (IDEA) for this part of the project.

Regarding expansion plans, if the town development plan for the neighbouring municipality of Ogíjares is approved this year, the PTS directors could start making plans for the second expansion phase. This would add a further 325,000 square metres to the Park, around 50% of the planned total expansion.

During the meeting, Jesús Quero also told the board about the European projects currently underway in the PTS. For example, the PTS is overseeing the administration of a 503,000-euro portion of the total budget (more than 5 million euros) for the ACTTiVAte project, part of the Horizon 2020 EU Framework Programme for Research and Innovation. The aim is to promote innovation in SMEs by transferring technologies between different sectors with strong synergies: the aerospace, agrifood, health and ICT sectors.

Additionally, in the ONCONET SUDOE project, the PTS is administering 257,720 euros of ERDF funds for transnational cooperation to create a permanent network of excellence in oncology by mobilising healthcare stakeholders around cancer prevention, diagnosis and treatment.