Algarve racetrack goes ahead

SECRETARY OF State for Tourism, Bernardo Trinidade, stated recently that the Autódromo International do Algarve (Algarve’s international racetrack), planned for an area of woodland near Mexilhoeira Grande, in Portimão, would definitely go ahead.

The project, which caused some opposition from environmental groups when it was first announced, has been awaiting approval for three years. Trinidade also added that this would be the first Algarve project to receive the special priority status of Projecto de Interesse Nacional (PIN), or project of national interest.

The Autódromo, promoted by Parkalgar, represents an investment of more than 100 million euros and will include a Formula 1 racing track, a go-kart track, a five-star hotel and a technological park. Visitors to the new park will be given the opportunity to test out real Formula 1 racing cars, undergo training sessions in race driving and take part in competitions. The park is expected to generate a substantial number of jobs and give a gigantic and much needed boost to the local economy.

The Secretary of State also added that the Autódromo would not be the only project to receive PIN status, since he said the government recognises the Algarve as the most important tourist region of the country and, as such, suitable projects promoting tourism will always be considered of national interest.

Source: Algarve resident, Reinier Nagelsmit, Walter Lugtigheid