USD404.7 million Contract awarded to construct Metro line PPP project in Portugal

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
USD404.7 million Contract awarded to construct Metro line PPP project in Portugal

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.

List of country news

Country news

  • October 18, 2019

    Tender launched for EUR 642 million port terminal in Portugal

    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 more
  • January 09, 2019

    VINCI to invest US$1.3 billion to create dual airport system in Lisbon

    VINCI 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 more
  • June 13, 2018

    Concessionaire refinances largest container terminal in Portugal

    PSA 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 more
  • March 26, 2018

    Cube Infrastructure fund acquires majority stake in Portuguese fiber-optic operator

    Cube 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 more
  • January 30, 2018

    Mirova acquires stakes in two Portuguese highway concessions

    Mirova, 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.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.