International 10 of 10
International Infrastructure Economy & Banking

Portugal starts building its first high-speed rail section, Porto-Campanhã to Oiã, on the Lisbon-Porto line

Construction of Portugal's Lisbon–Porto high-speed line began on Monday, 12 October 2026, with the first section from Porto-Campanhã to Oiã in the Aveiro district. The section has 71 kilometres of high-speed track and includes a new road-rail bridge over the Douro River and a new Vila Nova de Gaia-Santo Ovídio station. Once the line is complete, the trip between the two cities will take 1 hour and 15 minutes. The section costs around €2 billion and is a public-private partnership whose concession contract was signed on 29 July 2025. It is backed by €875 million from the European Investment Bank and €480 million from the Connecting Europe Facility. The government projects a Lisbon–Madrid journey of about three hours by 2034.

First section length: 71 km Lisbon–Porto travel time: 1 hour 15 minutes EIB financing: €875 million CEF funding: €480 million
Why it matters for exams: Major cross-border infrastructure in Europe and EU funding instruments such as the EIB and CEF appear in economy and geography questions.
Kerala PSCUPSC
12 October 2026 Source: Euronews

In plain words

EIB European Investment Bank — The lending institution of the European Union, based in Luxembourg.

CEF Connecting Europe Facility — An EU fund for transport, energy and digital links across member states.

On a phone, swipe left or right to move between stories.