{"id":64946,"date":"2026-04-09T07:02:12","date_gmt":"2026-04-09T05:02:12","guid":{"rendered":"https:\/\/www.aivp.org\/bonnes-pratiques\/in-bilbao-spain-two-organisations-raise-funds-to-regenerate-declining-port-districts\/"},"modified":"2026-04-09T07:02:17","modified_gmt":"2026-04-09T05:02:17","slug":"bilbao-spain-two-organisations-raise-funds-to-regenerate-declining-port-districts","status":"publish","type":"bonnes-pratiques","link":"https:\/\/www.aivp.org\/en\/good-practices\/bilbao-spain-two-organisations-raise-funds-to-regenerate-declining-port-districts\/","title":{"rendered":"Bilbao (Spain): Two organisations raise funds to regenerate declining port districts"},"content":{"rendered":"

“Bilbao Ria 2000<\/a>” was created in November 1992 to regenerate deteriorated zones and declining industrial and port areas of Bilbao. These included the now emblematic Abandoibarra district, home to the Guggenheim Museum. The organisation brings together the main public stakeholders concerned. Although a 100% publicly-owned structure, it has the form of a limited company, as this corporate status was deemed to offer the necessary flexibility and responsiveness. It has a dual purpose: planning facilities and implementing operations.<\/span><\/p>\n

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Since 1993, the policy run by “Bilbao Ria 2000” has had a growing impact. Starting with limited financial resources, “Bilbao Ria 2000” was initially given an excellent reception by private investors. It then obtained a number of plots of land from the Port and the Railway Company in exchange for the development of new infrastructures: the external port and a <\/span>new railway<\/a> line in the south of the built-up area. Acquiring this land enabled “Bilbao Ria 2000” to embark successfully on its first operation: the resale of plots for housing development in the Ametzola area<\/a>. The operation generated Bilbao Ria 2000’s first revenue, which was immediately reinvested in subsequent projects, especially in the Abandoibarra district. After that, the growth of the real estate market, along with the Guggenheim, institutional financing and joint European funding for specific large-scale projects, helped establish Ria Bilbao’s credibility, while the leveraging effect attracted private investors.<\/span><\/p>\n

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A second organisation, “<\/span>Bilbao Metropoli 30<\/a>”, also played an important role in attracting investors for the city. Created by the government in May 1991, it brings together the City of Bilbao, the municipalities of the metropolitan area, the Basque government, the port, the Chamber of Commerce, two Universities, and around a hundred private sector partners. It has become a key urban marketing player, working to promote Bilbao’s international profile ever since. The organisation aims to develop metropolitan projects and public-private partnerships and encourage civil society participation. Moreover, the group promotes global alliances, organising meetings and seminars. For instance, in 2024, the group is organising the Metropolis of the Future International Seminars, which will discuss ecology, economy, society, and strategic urban manifestos with representatives of the international networks Eurocities, METREX, Global Parliament of Mayors and Impact the Future.<\/span><\/p>\n

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Additional information :<\/span><\/p>\n

<\/p>\n

https:\/\/www.bilbaoria2000.org\/en\/<\/a> <\/span><\/p>\n

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https:\/\/www.bilbaoria2000.org\/en\/bilbao-ria-2000\/what-is-bilbao-ria-2000\/<\/a> <\/span><\/p>\n

<\/p>\n

https:\/\/www.bilbaoria2000.org\/en\/actions\/ametzola\/<\/a> <\/span><\/p>\n

<\/p>\n

https:\/\/www.bm30.eus\/en\/<\/a><\/span><\/p>\n

<\/p>\n

https:\/\/www.bm30.eus\/en\/goals-and-objectives\/purposes\/<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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