Portugal's Martifer Group plans to invest up to EUR 800mln in the development of the Costa do Sal resort in Vagos, Northern Portugal. The Portuguese company wil develop a five-start hotel, a shopping centre, 500 apartments, and two golf courses in an area of 400 hectares. The project is carried out through a Public-Private Partnership between Martifer's holding Estia (50.1% stake) and the municipality of Vagos (49,9%).
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