LOGZ – Atlantic Hub

Type
Business expansion
Country
Portugal
Region
Continente; Península de Setúbal; Península de Setúbal
Location of affected unit(s)
Poceirão
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52 - Warehousing, storage and support activities for transportation
52 - Warehousing, storage and support activities for transportation
5,000 jobs
Number of planned job creations
Job creation
Announcement Date
20 June 2007
Employment effect (start)
1 June 2009
Foreseen end date

Description

In 2009 a first phase of the logistical platform (LOGZ – Atlantic Hub) will be installed at Poceirão (Setúbal - Peninsula), resulting from a consortium among several companies such as Bento Pedroso Construções, Mota – Engil Ambiente and services, Espirito Santo Resources and OPCA. This location was decided taking into account the geographical triangle that includes the seaports of Lisbon, Setúbal and Sines, as well as the connection with the main road and railway axes that link the region with the rest of the country and Spain. It is expected that 5,000 direct jobs as well as 7,000 indirect jobs will be created.

Sources

  • 20 June 2007: Público

Citation

Eurofound (2007), LOGZ – Atlantic Hub, Business expansion in Portugal, factsheet number 65529, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65529.