2012 | ANNUAL REPORT - page 94

ANNUAL REPORT ‘12
INVESTMENTS
94
At the close of 2012, the rate of completion of this
plan stood at 91%, with the total investment for the
year standing at 21.8 million euros. Major elements
included the contracts for remodelling Apron number 80,
the construction of three new boarding areas in the
North Pier and the new contract to finish work on
the new North Busgate.
Work continues on the easier and more convenient
connection between Lisbon airport and the metro
station, inaugurated in July 2012.
Lisbon’s development plan is scheduled for completion
in 2013, at which point it will have an aircraft handling
capacity of 40 movements/hour and a passenger
handling capacity of 4,320/hour.
At Faro, projects of the airport development plan are
still in progress. Work was about 53% completed at the
end of 2012.
Investments under this plan totalled 10.9 million euros
for the year. The new curbside accesses to the terminal
were completed, as were the contract works for remo-
delling the medium-voltage grid, the transformer
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