EXPANSION OF THE PORT OF SINES IS «CRITICAL FOR THE DEVELOPMENT» OF PORTUGAL
The Minister of Infrastructure and Housing, Pedro Nuno Santos, said that the expansion of the Port of Sines is «critical for the development of Portugal».
During a visit to the Port of Sines, in the district of Setúbal, the Minister reiterated the Government’s objective of providing the necessary impetus to implement the planned investments. “There is work that started in the previous legislature and that will be continued. We want, together with the municipality and the port administration, to give the necessary impetus to quickly get the investments under way».
Pedro Nuno Santos said that there are “good prospects for expansion”, which include the construction of the new Vasco da Gama terminal, valued at 650 million euros, and the expansion of Terminal XXI, worth 660 million euros”.
The Minister underlined that these are “one of the biggest investments in the country and of an unusual dimension in Portugal, which also represents an opportunity for Portugal to be a very important platform in the global framework of freight transport”.
“With the unique conditions of the port of Sines, we have an obligation to take advantage of them for the benefit of the people”, he added.
Pedro Nuno Santos stated that there are «investors and global actors who are looking carefully at this business opportunity» and «a work of attraction and seduction that is being done». “There are nine months to present the candidacies [ao novo terminal Vasco da Gama] and we will be working to get several interested parties», he said.
The investment in the railway was also highlighted by the Minister, who highlighted that the Southern International Corridor, essential in the context of the Atlantic corridor, «will serve the port of Sines a lot». «It is of little use to us to invest in ports if they do not have access», he said.