Algarve: New central hospital to be operational in 2031
The Portuguese government approved construction of the new Central Hospital of the Algarve with a maximum budget of €426.6 million spread over 27 years and an annual cap of €50 million. Operations are expected to begin in 2031. The financing structure signals a long-term public investment approach with potential fiscal and timeline risks to monitor, while promising a significant upgrade to regional healthcare infrastructure.
Algarve: Government approves construction of Central Hospital
“After 20 years, after eight groundbreaking ceremonies,” the Minister of the Presidency, Leitão Amaro, said of the approval, calling it “a historic day for the people of the Algarve, for the Algarve and for the country.”
Construction of the Algarve Central Hospital will cost €420 million
The construction of the new Algarve Central Hospital has been approved by the Council of Ministers, the Government announced on Friday. The investment in the project will be “more than €420 million”, to be carried out as a public–private partnership (PPP), resulting in a total charge of €1.1 billion to the State.
Construction of new hospital in the Algarve approved
Home News Construction of new hospital in the Algarve approved Construction of new hospital in the Algarve approved The Government approved the construction of the Central Hospital of the Algarve, an investment of more than €420 million to be carried out in a Public-Private Partnership model, ann
