Portugal invests around 8 billion euros for a new airport

Portugal invests around 8 billion euros for a new airport - Portugal Business News

Travel and Tourism News Europe - Portugal will invest around 8 - 9 billion euros for a new airport in Lisbon, the Luís de Camões Airport, and it is expected to be launched in 2035, according to an announcement by the Government of Portugal dated July 22, 2026. Here is the distance between Portugal´s new airport and the Lisbon city center as well as all the railway and road connections:

What is Portugal´s new airport in Lisbon and how much will it cost?

Portugal´s new airport in Lisbon, the Luís de Camões Airport, is expected to represent an investment of between 7.9 and 8.9 billion euros, at 2024 prices, according to the technical report.

ANA (Aeroportos de Portugal), that will manage the new Lisbon Airport, plans to finance the project with around 7 billion euros through debt issuance and proposes a progressive increase in airport fees at the current Lisbon airport, the Humberto Delgado Airport, between 2026 and 2030.

Portugal´s new airport is projected to handle 56 million passengers per year when it is launched, with the potential to growing to 85 million passengers annually.

When will Portugal´s new airport in Lisbon be completed?

Construction works for Portugal´s new airport in Lisbon are expected to begin in 2029 and to be completed by 2033, according to the schedule which also includes the period for testing and certification after completion. However the official opening of the new airport in Lisbon is planned for 2035 onwards.

How far will Portugal´s new airport be from the Lisbon city center?

Portugal´s new airport will be 20 minutes from the center of Lisbon by train, via a dedicated connection to the city center, through the Third Tagus Crossing in Lisbon, a new road-rail link to be built between Chelas near the current airport and Lavradio in the district of Setúbal that is south of Lisbon.

What will be the rail and road connections to Lisbon´s new airport?

The new Lisbon-Airport rail line, scheduled to open in 2034, will feature a new station served by four tracks and three platforms, with direct connections to long-distance trains. Estimates project that 20 million passengers per year will travel by train to and from the new Lisbon airport.

There will be new road connections between Portugal´s new airport and the city center, to Ponte de Sor in the Alentejo region and to Alter do Chão in the Alentejo region that is south of Lisbon. The new road network is expected to accommodate an estimated daily traffic of 65,000 light vehicles and approximately 2,000 heavy vehicles and will strengthen the connections on both banks of Lisbon´s Tagus River.