TravelTill

Economy of Valencia


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that projects far into the water in an effort to maintain clean water for the America's Cup side.

Transport

Public transport is provided by the Ferrocarrils de la Generalitat Valenciana (FGV) which operates the Metrovalencia and other rail and bus services. The Estació del nord (North Station) is the main railway terminus in Valencia. A new temporary station, Estación de València-Joaquín Sorolla, has been built on land adjacent to this terminus to accommodate high speed AVE trains to and from Madrid, Barcelona, Seville and Alicante. Valencia Airport is situated 9 km (5.6 mi) west of Valencia city centre. Alicante Airport is situated about 170 km (110 mi) south of Valencia.

The City of Valencia also makes available a bicycle sharing system named ValenbiSi to both visitors and residents. As of October 13, 2012, the system has 2750 bikes distributed over 250 stations all throughout the city.

Tourism

Starting in the mid-1990s, Valencia, formerly an industrial centre, saw rapid development which expanded its cultural and touristic possibilities, and transformed it into a newly vibrant city. Many local landmarks were restored, including the ancient Towers of the medieval city (Serrano Towers and Quart Towers), and the San Miguel de los Reyes monastery which now holds a conservation library. Whole sections of the old city, for example the Carmen Quarter, have been extensively renovated. The Paseo Marítimo, a 4 km (2 mi) long palm tree-lined promenade was constructed along the beaches of the north side of the port (Playa Las Arenas, Playa Cabañal and Playa de la Malvarrosa).

The city has numerous convention centres and venues for trade events, among them the Feria Valencia Convention and Exhibition Centre (Institución Ferial de Valencia) and thePalau de congres (Conference Palace), and several 5-star hotels to accommodate business travelers
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