📋 Tender Overview
RELEASE DATE: 21 September 2026
STATUS: Under appraisal | 01/04/2026
REFERENCE: 20250515
PROJECT NAME: Lisbon Metro Upgrade and Extension
PROMOTER - FINANCIAL INTERMEDIARY: Lisbon Metro EP
PROPOSED EIB FINANCE (APPROXIMATE AMOUNT): EUR 400 million
TOTAL COST (APPROXIMATE AMOUNT): EUR 804 million
LOCATION: Portugal
SECTOR(S): Transport - Transportation and storage
DESCRIPTION
The project consists of: i) The purchase of four new metro trains for the Blue Line and the deployment of a new signalling system on the Blue, Green and Yellow metro lines to increase service frequency and improve reliability. This component also includes the retrofitting of 71 existing trains with upgraded onboard signalling equipment based on a Communications-Based Train Control (CBTC) system; ii) The extension of the Red Line from São Sebastião to Alcântara, over a total length of 4 km, including four new stations and the deployment of a new signalling system on the existing section between Oriente and São Sebastião. This component also includes the retrofitting of 40 existing trains with upgraded onboard signalling equipment based on a CBTC system; iii) The acquisition of 36 new metro trains, partly to operate the Red Line extension (17 trains) and partly to replace existing rolling stock that has reached the end of its economic life (19 trains).
OBJECTIVES
The aim is to improve the quality and attractiveness of public transport services in the city of Lisbon. The various project components form part of the Promoter's strategy for sustainable transport. The project will contribute to reducing pollution and greenhouse gas (GHG) emissions, and to improving local air quality, by encouraging a modal shift from private cars and buses to the cleaner and more efficient metro system.
