Aeroportos de Portugal (ANA), the operator of 10 airports in Portugal and a subsidiary of Vinci Airports, as signed an agreement with the Portuguese government to increase the airport capacity in the Lisbon region.
As part of the agreement, ANA will invest €1.15bn (US$1.32bn) by 2028, including €650m (US$745m) for the first phase of the extension of the existing Lisbon airport, €500m (US$573m) for the opening of a new civil airport in Montijo and €156m (US$179m) will be invested to compensate the Air Force and to contribute to access works in Humberto Delgado and Montijo.
The investment project will see a new dual system of airport infrastructures to serve the region of Lisbon, enhancing the hub function of Humberto Delgado Airport through additional contact positions and reduced connecting times, and a point-to-point flexible, cost-effective and sustainable airport in Montijo, located near the city center and offering a new generation terminal. Both airports will provide a modern and improved passenger experience.
Nicolas Notebaert, CEO of Vinci Concessions and president of Vinci Airports, said, “This project and this investment we are announcing today (January 8) mark a new confirmation of the two main commitments we took six years ago, when we first applied for the privatization of ANA: to contribute to the development of the Portuguese economy by increasing traffic, and to invest in infrastructure to support future growth.
“Traffic in Lisbon has already increased by almost 100% in the last six years and here we are again announcing new investments after the €200m (US$229m) we have already invested in the different Portuguese airports.”