On 15 march 2002 was adopted by the council of ministers on strategic project for the recovery and Economic Transformation (LOSS) for the shipbuilding industry, a project based on collaboration público-privada and focused on the transformation of its value chain through diversification towards marine renewable energies and ships, low digitizing, improving their environmental sustainability and employee training.
The development of this project envisages a total investment of $1.46 billion and employed a contribution of the public sector eur 310 million and a private investment of 1,150 million euros. The Naval L will help to modernise the sector in spain, increasing their competitiveness in about 15 per cent and achieving an annual growth rate of 9 per cent for the sector. It Is expected to contribute to the creation of approximately 3,100 quality jobs, mainly in peripheral regions, thereby contributing to the demographic challenge.
It is conceived as a comprehensive initiative on the transformation of the value chain of the shipbuilding industry which will be accomplished through diversification, digitization and sustainability, with the following objectives:
Achieving the objectives of the LOSS shall:
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