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Alcobaça-Cabo Espichel Coastal Program to Receive Investments of €234.8M

15 March 2019

According to the Portuguese site Diário Imobiliário, the Alcobaça-Cabo Espichel Coastal Development Program, which was approved by the Council of Ministers on Thursday, would involve a total investment of 234.8 million euros to combat coastal erosion by 2028.

Of the total, the coastal development program plans to invest €133 million in the prevention of risks to the shoreline associated with erosion, rising sea levels and climate change.  The program would also invest €9.2 million to protect and conserve the environment and landscape in the region. An additional €16.6 million would go to protect water quality at local beaches, €54.9 million to bolster economic activities based on the sustainable use of resources on the coast, €18.1 million to redevelop and upgrade installations at public beaches and €2.6 million to pay for monitoring.

The focus of the program is to protect the coast while fomenting sustainable development and boosting economic growth in the region over the long-term. At the same time, the goal is to proactively deal with any potential future problems or threats, such as climate change.

The program will allocate the largest portion of the funds to Almada (€98.7 million euros), followed by Caldas da Rainha (€22.4 million), Mafra (€18.6 million), Peniche (€15.5 million), Torres Vedras (€13.4 million), Cascais (€11.1 million), Lourinhã (€10.9 million), Sintra (€10.7 million), Sesimbra (€8.7 million), Nazaré (€7.6 million), Alcobaça (€7.6 million ) and Óbidos (€1.8 million).

The area between Alcobaça and Cabo Espichel includes 224 kilometres of the coastline and parts of twelve municipalities.

Original Story: Diário Imobiliário / Lusa

Summary / Translation: Richard Turner