VINCI : ANA (VINCI Airports) sign an agreement with the Portuguese government to finance the expansion of Lisbon's airport ca...
08 Gennaio 2019 - 5:47PM
Rueil Malmaison, 8 January 2019
ANA (VINCI
Airports) sign an agreement with the Portuguese government to
finance the expansion of Lisbon's airport capacity
- 1.15 billion
euros to be invested by 2028 for the extension of the existing
Lisbon airport
and the opening
of a new civil airport in Montijo, entirely financed by the private
sector
- A major
milestone for the expansion of Lisbon's airport capacity
- A renewed
commitment by ANA and VINCI Airports to contribute to the
development of the Portuguese economy
ANA - Aeroportos de Portugal,
concessionnaire of 10 airports in Portugal and 100% subsidiary of
VINCI Airports, signed on 8 January 2019 an agreement with the
Portuguese governement on the main principles for the
extension of the airport capacity in the Lisbon Region. The event
took place on the Montijo military Air Base, in the presence of the
Portuguese Prime Minister Antonio Costa, the Minister for Planning
and Infrastructure Pedro Marques and the Chairman and CEO of VINCI,
Xavier Huillard.
This agreement, which seals the
consensus reached between the parties on the main technical,
operational and financial assumptions of the project as well as the
evolution of the future economic regulation, marks a major
milestone for the expansion of Lisbon's airport capacity. Its terms
will be included in the addendum to the concession agreement, which
should be signed in 2019, once the environmental authorizations
have been obtained.
As part of the agreement signed
today, ANA shall invest 1.15 billion euros by 2028, including 650
millions euros for the first phase of the extension of the existing
Lisbon airport, and 500 million euros for the opening of a new
civil airport in Montijo. In addition, 156 million euros will be
invested to compensate the Air Force and to contribute to access
works in Humberto Delgado and Montijo.
As initially set out by the
Portuguese government, this large project will be entirely financed
by the private sector, while ensuring that the competitiveness of
the Lisbon hub will be maintained through a moderate evolution in
airport charges.
This project contemplates a new
dual system of airport infrastructures to serve the region of
Lisbon enhancing the hub function of Humberto Delgado Airport
through additionnal contact positions and reduced connecting times,
and a point-to-point flexible, cost-effective and sustainable
airport in Montijo, located near the city center (25 km) and
offering a new generation terminal. Both airports will provide a
modern and improved passenger experience.
With a target capacity of 48 ATM
per hour in Humberto Delgado and 24 ATM per hour in Montijo, this
dual airport system will be able to absorb the expected growth of
traffic until the end of the concession, which remains unchanged in
2062.
At the signature ceremony, Nicolas
Notebaert, CEO of VINCI Concessions and President of VINCI Airports
said: "This project and this investment we are
announcing today mark a new confirmation of the two main
commitments we took 6 years ago, when we first applied for the
privatization of ANA: to contribute to the development of the
Portuguese economy by increasing traffic, and to invest in
infrastructure to support future growth. Traffic in Lisbon has
already increased by almost 100% in the last 6 years and here we
are again announcing new investments after the 200 million euros we
have already invested in the different Portuguese
airports".
PRESS CONTACT
VINCI Press Department
Tel.: +33 (0)1 47 16 31 82
media.relations@vinci.com
About VINCI
Airports
VINCI Airports, a top 5 global
player in the international airport sector, manages the development
and operations of 46 airports located in France, Portugal
(including the hub of Lisbon), United-Kingdom, Sweden, Serbia,
Cambodia, Japan, United States of America, Dominican Republic,
Costa Rica, Chile and Brazil. Served by more than 250 airlines,
VINCI Airports' network handled over 228 million passengers in 2017
including the AWW portfolio, Gatwick and Belgrade
airports.
Through its expertise as a comprehensive integrator, VINCI Airports
develops, finances, builds and operates airports, leveraging its
investment capability, international network and know-how to
optimize the management and performance of existing airport
infrastructure, facility extensions and new construction. In
2017, its annual revenue for managed activities amounted to €3.2
bn, for a consolidated revenue of €1.4 bn. More comprehensive
information is available on www.vinci-airports.com
About
VINCI
VINCI is a global player in
concessions and construction, employing more than 190,000 people in
some 100 countries. We design, finance, build and operate
infrastructure and facilities that help improve daily life and
mobility for all. Because we believe in all-round performance,
above and beyond economic and financial results, we are committed
to operating in an environmentally and socially responsible manner.
And because our projects are in the public interest, we consider
that reaching out to all our stakeholders and engaging in dialogue
with them is essential in the conduct of our business activities.
VINCI's goal is to create long-term value in this way for its
clients, shareholders, employees and partners, and for society as a
whole. www.vinci.com
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information contained therein.
Source: VINCI via Globenewswire
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