Portugal Government expects Lisbon-Madrid High-Speed Rail by 2034

In an official speech last night, Portuguese Prime Minister Luís Montenegro made two major announcements regarding transportation investments in Portugal. The first announcement was the decision to build a new airport in Alcochete, a public land located just outside of Lisbon. This decision had been pending since 1969 and will involve the construction of a new terminal named after Luís de Camões. The first runway is expected to be built in 2030 and the second in 2031, with a total investment of over 6,105 million euros.

The second announcement made by the Prime Minister was to accelerate the high-speed rail connection between Lisbon and Madrid, with the goal of completing the project within a decade. This will involve the construction of a third bridge over the Tagus River, allowing travel between the two capitals to be completed in just three hours. The Council of Ministers has commissioned Infraestructuras de Portugal to conclude studies for the construction of the bridge and high-speed line, and the Portuguese government is seeking funding from both Spain and the European Commission.

These investments do not affect the high-speed Atlantic corridor project, which aims to connect Vigo with Porto and Lisbon. The Portuguese government views this connection as a priority for structuring its territory. The location of the new airport in Alcochete received widespread support from political parties, with only one party questioning it – Chega party leader questioned it on behalf of his party but Vinci’s concessionaire had initially favored maintaining their current airport and adding another terminal in Montijo but were met with approval from opposition parties who appreciated that it was public land that allowed for future expansion.

Vinci’s profits from their current airport have been substantial, prompting questions about their concession terms as well as concerns about noise levels and congestion issues at Humberto Delgado Airport that will be replaced by this new one. Overall, these announcements signify significant advancements in transportation infrastructure for Portugal, with potential benefits such as alleviating congestion, improving connectivity and driving economic growth through increased travel options between major cities.

By Sophia Gonzalez

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