EIB analyzes request for funding of 90 million for interventions in Airports of Faro, Lisbon and Porto

The European Investment Bank (EIB) is considering a request for financing by ANA – Aeroportos de Portugal, in […]

Preview of the future of the Airport of Faro

The European Investment Bank (EIB) is considering a request for financing from ANA – Aeroportos de Portugal, in the amount of 90 million euros, to finance works at the airports of Lisbon, Porto and Faro.

The request, according to information available on the EIB's website, was submitted for EIB approval this week.

The project, with an estimated total cost of 180 million euros, “consists of a program of investments (…) aimed at improving safety standards and specific services and alleviating operational constraints and capacity. The main investments are in the airports on the mainland of Porto, Faro and Lisbon”, reads the information available on the bank's website.

Contacted by Lusa, an official source at ANA stated that the financing of this investment will be supported by the EIB (50 percent) and by the manager of Portuguese airports (50 percent).

In Lisbon, the investment comprises the conservation of the pavement on the air side and the aircraft parking platform, according to the same source.

Em Faro, interventions will also be carried out in terms of the conservation of pavements on the air side (area destined for aircraft), while in Porto the works aim to increase efficiency and capacity on the air side.