Frasquilho served as President of the Lisbon Metro, from 2000 to 2003, during which he oversaw the expansion of the Linha Verde (Green line) and the integration of funds from the European Investment Bank into the Metro Administration's budget,[REF] Frasquilho notably lessened operating costs for the metro, without firings [REF].
Frasquilho was a representative of the Portuguese branch of the European Centre of Enterprises with Public Participation and of Enterprises of General Economic Interest (CEEP) and served as Chairman of the Board of directors for Comboios de Portugal, Portugal's state-owned rail company, between 1996 and 1997 [REF].