Metro do Porto has chosen a consortium made up of Portugal's Alberto Couto Alves and two Spanish contractors, FCC Construction and Contratas y Ventas, to build a EUR380 million (US$404.7 million) 6.4 km Ruby line (Line H) for the Porto metro in Portugal .
The Ruby Line will run from Casa da Música, in the heart of Porto, to Santo Ovídio, in the neighboring municipality of Gaia. The line will interchange with six other Metro lines at Casa da Música, as well as with the Yellow Line at Santo Ovídio. The route will comprise eight stations and traverse the Douro River using the Antónia Adelaide Ferreira Bridge, a newly constructed structure designed for public transport, pedestrians, and cyclists. This project involves the establishment of eight additional stations, the construction of two tunnels, and the development of a new bridge spanning the Douro River. Currently, the network consists of six lines, covering a total of 67 km and serving 82 stations. Additionally, infrastructure for the future connection to high-speed rail lines will be established in Santo Ovídio.
Construction is set to begin by the end of 2023, with the new infrastructure anticipated to become operational in 2026.
The international public tender for the new container terminal at the port of Sines, also called 'Vasco da Gama Terminal', was launched in Portugal. The project will channel an investment of more than half a billion euros to the largest national port in the containerized cargo segment.
Read moreVINCI Airports has announced that its 100% subsidiary ANA (Aeroportos de Portugal) has signed an agreement with the Portuguese governement concerning a major extension of the airport capacity in the Lisbon Region.
Read morePSA International Pte Ltd (PSA) and Terminal Investment Ltd S.à.r.l. (TIL) have successfully refinanced the container terminal at the port of Sines, located on the south-west coast of Portugal.
Read moreCube Infrastructure Managers has announced the close of Cube Infrastructure Fund II's acquisition of a 54% stake in dst telecommunicaçoes, a leading open-access fiber optical network operator in Portugal.
Read moreMirova, an affiliate of Natixis Investment Managers dedicated to responsible investment, has acquired interests of 23.8% and 35.2% respectively in ViaExpresso and ViaLitoral. These two concessionary companies operate part of the Madeira highways in Portugal.
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