Finance
Portugal plans $4.6 billion in port investments by 2035, mostly private
Published by Global Banking & Finance Review®
Posted on July 30, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 30, 2025
2 min readLast updated: January 22, 2026
Portugal announces a $4.6 billion port investment plan by 2035, with 75% private funding, aiming to boost cargo movement by 50%.
LISBON (Reuters) -Portugal's government announced on Wednesday an investment plan worth 4 billion euros ($4.6 billion) to expand and modernise its main ports over the next 10 years, 75% of which will be done by private companies.
Infrastructure Minister Miguel Pinto Luz said the investment would be made in six ports, including the port of Sines - the closest deep-water European port to the U.S. coast - where the current terminal is being expanded and a new one will be built.
He said port activity in Portugal has "potential to attract new investment given the country's privileged location," with an extensive Atlantic coastline that can be a gateway to the Iberian market and connect to trans-European transport networks.
Pinto Luz said 15 new exploration concessions would be launched and, according to a new law, the private operators would enjoy a maximum term of 75 years, instead of the 30 years of current concessions.
The government projects these investments will increase cargo movement to 125 million tons annually by 2035, a 50% increase compared to the most recent data from 2023, as well as a 70% rise in container throughput to 6.5 million Twenty-Foot Equivalent Units (TEUs).
($1 = 0.8710 euros)
(Reporting by Sergio Goncalves. Editing by Mark Potter)
Portugal's government announced an investment plan worth 4 billion euros ($4.6 billion) to expand and modernize its main ports over the next 10 years.
The investment will be made in six ports, including the port of Sines, which is noted as the closest deep-water European port to the U.S. coast.
The government projects these investments will increase cargo movement to 125 million tons annually by 2035, representing a 50% increase compared to the most recent data from 2023.
According to a new law, private operators would enjoy a maximum term of 75 years for exploration concessions, compared to the previous limit of 30 years.
Portugal's privileged location along an extensive Atlantic coastline positions it as a potential gateway to the Iberian market and can attract new investment.
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