Qantara invests €468 million in logistics park in Grândola

In 2021 Qantara Capital announced its commitment to a business, logistics, and industrial park in Grândola.

Now, five years on, the project—the result of a €468 million investment and recognised as being of Potential National Interest (PIN)—has reached a “decisive milestone” with the conclusion of the public consultation period.

This is according to the Swiss developer, which plans to begin construction “immediately” after the issuance of the Environmental Impact Statement (DIA) and the final permits resulting from Grândola Town Council’s approval of the Detailed Plan.

The Grândola Logistics Park Euro-Atlantic (GLPEA) ensures direct access to maritime trade routes and Sines, and serves as a gateway to the European market, the project developer highlighted.

“Qantara Capital is proceeding with a €468 million investment in a logistics park to be located in Grândola: the Grândola Logistics Park Euro-Atlantic (GLPEA)”, states Portugal’s overseas investment bureau AICEP.

“Positioned as the new gateway connecting to the Euro-Atlantic trade and data corridor, this new logistics park holds strategic importance due to its geographic location: it ensures direct access to maritime trade routes and Sines, and serves as a gateway to the European market. This new development addresses the shortage of large-scale logistics land in Portugal through a model focused on environmental sustainability and multimodality,” states the project developer.

The park ensures direct connections to the IC1 highway and the Southern Railway Line, located just 8 km from the A2 motorway.

“This multimodal connectivity places the complex 50 km from the Port of Sines, 64 km from Setúbal, and 100 km from Lisbon. The facility will offer a total land area of ​​1.3 million square meters, featuring 635,000 square meters of built space and a freight rail terminal with a 23,000-square-meter container yard,” the developer noted.

“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. 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,” said the CEO of Qantara Capital.

Source: AICEP; Image: All Rights Reserved.