The Vasco da Gama Bridge was one of the largest infrastructure projects in western Europe
LENGTH
18 kilometres, including 12 kilometres of bridge
NUMBER OF LANES
3 lanes in each direction with capacity to increase to 4 lanes by changing lane markings
TOLLS
Cars: €2.25
Trucks: €5.20 to €10.10
TOLL PRICE ESCALATION
CPI, rounded up to the nearest €0.05
TOLL COLLECTION
Cash, electronic and debit/credit card
CONCESSION END
2030
Nature of the asset
The Vasco da Gama Bridge in Lisbon Portugal was one of the largest infrastructure projects in western Europe. Construction began in February 1995 and it was opened ahead of schedule in March 1998.
It was built approximately 20 km upstream of the 25th April Bridge, and completes the circular Greater Lisbon road network. It provides an important segment of road link between northern and southern Portugal, and part of a new road corridor to Spain.
Nature of the investment
Lusoponte was granted the concession to build a second crossing of the Tagus River. The concession required that Lusoponte operate and maintain the original crossing, the 25th April Bridge, and construct, operate and maintain a second crossing of the Tagus River, the Vasco da Gama Bridge, as well as conferring exclusive rights to all further road crossings of the Tagus River in the Greater Lisbon area. Lusoponte will hold the concession until 2030.
