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Brisa's Trajectory in New Tender Process for Portugal's Tejo Crossings

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Brisa, Portugal's leading highway operator, is preparing for a major strategic move for the future operating rights of the crossings over Lisbon's iconic Tejo river. Brisa's Chairman of the Board of Directors, António Pires de Lima, announced that they are actively evaluating the possibility of forming a consortium to take over the management of these critical infrastructures after the current operator Lusoponte's contract expires in 2030. This application will potentially bring about a highly comprehensive and commercial competitive environment, requiring a union of forces with strong partners from the construction sector.

According to statements made by António Pires de Lima, Brisa is not merely an observer of the current situation but is also conducting active work on establishing a consortium structured to participate in the said concession tender. The company is in contact with experienced partners in the construction and engineering fields to achieve this goal, seeking a strong collaboration model that meets the financial and operational requirements of the project. This move is considered a natural extension of Brisa's strategy to maintain and expand its leading position in the Portuguese highway network.

The strategic planning regarding the matter is not limited to the tender process but also encompasses the company's broader future vision. Brisa's new strategic plan is expected to be approved and announced to the public this month. The approval of this plan will clarify the company's investment priorities for the next decade, growth targets, and official policy regarding the addition of critical assets like Tejo river crossings to its portfolio. The board of directors will finalize this strategic route in a meeting to be held in the coming weeks.

The operating right for the Tejo river crossings is one of the largest and most valuable tenders in the Portuguese infrastructure sector and is currently managed by Lusoponte. Behind Brisa's decision to take an active role in this process lies the desire to utilize the company's existing operational competencies as well as the aim to strengthen its competitive position in the market. Since the said crossings form the main artery of traffic between the north and south of Lisbon, this tender is of great economic importance and intense competition is anticipated among potential candidates.

Although no specific names have been given regarding which companies Brisa might partner with for now, the indication that partnerships will be established with construction firms has set speculation in the sector in motion. This strategic move has the potential to transform Brisa from being just a highway operator into a central player in wider infrastructure projects. Brisa's step can be evaluated as a critical turning point for the development and modernization of transportation networks throughout Portugal and could play a determining role in market dynamics.

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