It has been revealed that an agreement has been reached between Gerardo Camps, the Conseller for the Economy and Joan Ignasi Pla, the head of the Valencian Socialist Party in order that Terra Mitica, the Benidorm Theme Park, be allowed to auction off part of its last that is expected to reach a price somewhere upwards of 40 million Euros.
Park director John Fitzgerald also took part in the talks, which are aimed at pulling Terra Mitica out of bankruptcy. However caught in the middle are the Benidorm Socialists who have vigorously opposed the sale. Despite all this, an auction is expected to take place in January.
Source : Spain News