Swiss developer Qantara invests €468 million in Grândola logistics park

Qantara Capital is moving ahead with a €468 million logistics park in Grândola, five years after first announcing plans for the business, logistics and industrial hub.

The Grândola Logistics Park Euro-Atlantic (GLPEA), classified as a project of Potential National Interest (PIN), has reached what the Swiss developer describes as a “decisive milestone” following the conclusion of the public consultation period.

Construction is expected to begin once the Environmental Impact Statement (DIA) is issued and final permits are granted, following approval of the detailed plan by Grândola Town Council.

According to Qantara Capital and Portugal’s investment agency AICEP, the project is designed to strengthen Portugal’s role in Euro-Atlantic trade by linking large-scale logistics space with the Port of Sines, maritime routes and European transport networks.

Located around 50km from Sines, 64km from Setúbal and 100km from Lisbon, the park will have direct access to the IC1, the Southern Railway Line and the A2 motorway, just 8km away.

The development will cover 1.3 million square metres, including 635,000 square metres of built space and a freight rail terminal with a 23,000-square-metre container yard.

Qantara Capital says the project responds to Portugal’s shortage of large-scale logistics land, while prioritising multimodal transport and environmental sustainability.

“The GLPEA stands as a strategic, Iberian-scale platform that directly addresses the shortage of large-scale logistics spaces in Portugal — a critical factor for the country’s competitiveness,” said Hadrien Fraissinet, CEO of Qantara Capital.

“By linking this multimodal facility to the Port of Sines and major European transport networks, we are opening a vital gateway for international trade and strengthening Portugal’s position within global supply chains,” he added.

Source: Essential Business

Inês Lopes

Newspaper editor at The Portugal Resident