Lisbon airport project needs €3.3bn investment

Lisbon airport’s expansion should be tendered to private investors over the next three months

Within three months, Lisbon should tender an expansion scheme for its international airport worth over €3 billion, according to government planning authority Naer.

The expansion should allow up to 17 million passengers to travel through Lisbon each year. The number of aircraft parking stands will increase from 51 to 64, there will be a new taxi way and 13 new boarding gates. Completion is planned for 2017.

Companies planning to bid include motorway operator Brisa; Portuguese constructor Mota-Engil; and Spanish construction company Ferrovial, according to Reuters.

Portugal’s airport authority, ANA, is set to be privatised as part of the deal.