Government is given conditions to build the new Lisbon airport

The Ministers of State and Finance Joaquim Miranda Sarmento and of Infrastructure and Housing Miguel Pinto Luz were given at the Government’s headquarters in Lisbon the report with ANA’s conditions to build the new Lisbon airport at the Alcochete shooting range.

"This report shows ANA’s willingness to continue investing in the country", said Pinto Luz, adding that "the Government will now analyse what was presented" over 30 days.

"Today we are having a symbolic ceremony, a very striking one, to signal the start of a new journey to fulfil this greater goal: an airport to serve the Lisbon area, which is essential for Portugal’s economic growth and progress", Pinto Luz claimed.

The Minister of Infrastructure and Housing added that the costs of the new airport will not affect the State Budget, as the investment is paid "using the resources freed up for the concession, up to the end of the concession period".

The Minister of State and Finance Sarmento claimed that the Government will always operate "in the pursuit of public interest" so that the "State Budget expenditure are as limited as possible, if possible, without any impact whatsoever on taxpayers".

Miranda Sarmento noted that an international private group will be responsible for the largest infrastructure the country has ever built in terms of size and price, once the document is analysed, which shows the country is attractive for foreign investment, as shown also by the interest in acquiring the airline TAP.

In May, the Government approved the construction of the new airport for the Lisbon area at Alcochete shooting range, following the recommendation issued by the Independent Technical Committee.

The State Budget for 2025 envisages core studies to sustain the implementation of a new airport, which should enter into operation in 2034 and will cost around seven billion euros.

Vinci was awarded the management of the Portuguese airports (ANA) in 2012, a concession to last 50 years.