Portuguese government seeks private funding for new Lisbon airport
The Portuguese government has tasked ANA, a Vinci-owned operator, to propose the construction of a new international airport in Alcochete, aiming to address the capacity crisis of Lisbon Airport by 2034, without relying on public funds
The Portuguese government has asked ANA, the airport operator owned by the French company Vinci, to submit a formal proposal to construct and operate a new international airport in the Lisbon region. The project must proceed without relying on public treasury funds.
The proposal, designed to relieve pressure on the already saturated Lisbon Airport, responds to increasing tourism demand and the frustrations caused by insufficient capacity, according to Aeroin.
The new airport will be built in the municipality of Alcochete, on the other side of the Tagus River, with an estimated construction cost of €9 billion (approximately $9.28 billion). Construction is expected to be completed by 2034, after which the airport will begin operations.
The project falls within the concession area of Lisbon Airport, managed by ANA since 2012, under a contract that extends until 2062.
The Ministry of Infrastructure confirmed that the initial documentation submitted by ANA in December aligns with government plans, ensuring the construction of the facility without contributions from the state budget.
According to the timeline, ANA will coordinate the project and prioritize cost reductions, with up to 36 months to formally present its construction plans.
The preliminary proposal outlines the construction of two runways, each four kilometers long, capable of accommodating all types of aircraft. The plan also leaves room to add two more runways in the future.
In light of the urgency, government representatives have expressed their openness to discussing adjustments to the airport’s specifications, financing models, and risk-sharing terms with ANA.
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