Portugal is to build a new international airport in Alcochete, across the River Tagus from Lisbon, which will be ready by 2034.
The location was chosen by independent technical commission after decades of deliberation to replace Lisbon’s Humberto Delgado airport. The current airport wil be expanded during construction.
The project is estimated to cost up to €9bn, to be funded through EU funds, public-private partnerships, and airport tariffs, with talks initiated with operator ANA for concession.
