The aim is to promote investment, ensuring that it can be recovered, allowing “the private entities to be able to invest and recover their investment made in the terminals over the years”. Each port administration will present a specific investment plan according to its needs.
The maximum term for port concessions will increase from 30 to 75 years, announced Portugal’s Secretary of State for Infrastructure.
The new law will create conditions to enable the return on investments.
The minister explained that this is one of the Government’s priorities to promote the growth of national ports. “We want to maximize the potential of each port, have new terminals, new players – and this is very important. And for that to happen, there has to be a change, and this first change has to do with what the port terminal concessions are”.
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