Barreiro could be more expensive than envisaged
Portugals Order of Engineers believes that the true cost of the new Barreiro container terminal on the south bank of the Tagus river in Lisbon will be more expensive than originally claimed.
They estimate the cost at €827m, pointing out that forecasts for the extensive dredging required have so far have under-estimated the difficulty of the task.
Lisbon port authority and the chambers of commerce of both Lisbon and of Barreiro have signed a co-operation agreement to push through the development.
In contrast, the Barreiro project is strongly opposed by Porto Chamber of Commerce, which fears it will result in funding being switched away from two “crucial” development projects at the port of Leixões. It wants guarantees that these will be fulfilled.
One of these projects is the expansion of the existing container terminal and the other construction of a berth able to accommodate post-panamax vessels.
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