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Friday, January 22, 2010

High speed train can be boost for tourism sector

Portugal's planned bullet train system could generate nearly 4,000 new tourism jobs and add some €57 million to the sector's revenues in 2015, the year of the system's scheduled completion, according to a study.

The study by consultant Deloitte, which was to be publicly presented last Thursday, also estimated that by 2030 the bullet train network could produce more than 36,000 jobs and boost tourism revenues by €553 million annually.

The high-speed Lisbon-Madrid rail link is expected to be completed in 2013, with the Lisbon-Oporto and Oporto-Vigo lines coming into operation in 2015. The network is expected to cost about €8.9 billion.

Source TPN/Lusa - the portugal news

 

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