CEIBA Investments Limited announced that in line with the binding framework agreement executed on October 20, 2020 with GBM Interinvest Technologies S.L., the Company made its initial investment of €250,000, which will be used for the development of the mixed use multi-phase industrial park and in particular the groundworks that will be carried out on part of the 11.3 hectares plot in connection with the construction of the first phase of the project. The first phase of the industrial park is expected to become operational in 2022.