Lisbon, Jan. 17, 2025 (Lusa) - ANA Aeroportos, the subsidiary of France's Vinci that manages Portugal's airports, estimates that Lisbon's planned new Luís de Camões Airport, which is to be built in Alcochete, across the River Tagus from the capital, will cost €8.5 billion, of which €7 billion is to come from the issuance of debt, according to a report published on Friday.

"ANA's estimated construction budget for NAL [New Lisbon Airport] totals 8.5 billion euros (2024 figures)," reads the initial report delivered by the company to the government on 17 December and published on Friday on the official websites of the government and the state Institute of Mobility and Transport (IMT).

On the basis of this document, the government gave the concessionaire the green light to proceed with an application to start the process of tendering for the construction of the new airport and, subsequently, to the negotiation phase.

ANA emphasises that this indicative estimate is limited to its scope of action and refers exclusively to the airport project. 

The Independent Technical Commission (CTI) set up the government to assess the options had forecast a cost of €6.105 billion for the construction of an airport with two runways on the Campo de Tiro de Alcochete site, a military shooting range.

"The development and construction of the NAL is a greenfield project of a magnitude without recent precedent in Europe," says ANA in the report. "As a result, it will require the mobilisation of resources on an unparalleled scale, involving a significant number of stakeholders, both on the European continent and possibly beyond."

MEP/ARO // ARO.

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