Latest news and stories about investment in government in Algarve, Portugal for expats and residents.
Prime Minister Luís Montenegro announced at the Pontal Festival that the government intends to pursue further IRS tax cuts and pension increases, provided that budgetary conditions allow for such measures.
A public procurement process has been launched to build the new Central Hospital of the Algarve in Parque da Cidades, adjacent to the Algarve Stadium. The competitive tender marks a major step towards expanding regional healthcare capacity and modernising medical infrastructure. Located in a strategic urban area, the project is likely to strengthen access to a wider range of medical services for local residents and the expatriate community, attract investment and create construction and long-term healthcare jobs. Key issues to monitor include the procurement timeline, budget and financing structure, service mix and potential impacts on existing facilities and regional healthcare planning.
Socialists question minister Castro Almeida regarding the locations announced in July: two in the North, two in the Centre, one in Lisbon, and one in the Alentejo. The Algarve was left out.
The PS questioned “the exclusion of the Algarve from this initiative”, which is important for the “competitiveness of the Portuguese economy, the attraction of investment and territorial cohesion”.
The president of the Iniciativa Liberal party, Mariana Leitão, will advocate for the need to pursue reformism in Portugal during the 'A’Gosto da Liberdade' event in Quarteira. The party plans to unveil a comprehensive tax reform that goes beyond minor adjustments to corporate and personal income taxes, aiming to reduce the burden on producers. The speech is also expected to address reforms in Social Security, Civil Protection, and Justice, while criticizing the government's perceived lack of courage to implement structural changes.
This is the second 'rentrée' as leader of the Liberal Initiative (IL). Mariana Leitão speaks this Saturday in Quarteira, at another edition of “A'gosto da Liberdade”, where she will defend the need to urgently move forward with the “reforms that the country needs”.
The Welink Group calls for a “swift decision” from the Government regarding the licensing of a wind farm that is crucial to making the Alcoutim solar plant economically viable. Another key component is the battery park, which has also not yet been built, but has already begun receiving subsidies from RRP funds.
Montenegro spoke for 47 minutes at Pontal on 14 August to open the PSD's political year. He recycled old promises like the Algarve hospital and various sporting events, while the main news—the state's purchase of a 13.7% stake in REN—was poorly explained. The author argues that this purchase, framed as a strategic interest, is an ineffective use of taxpayer money that grants the state no real control or influence over energy prices. While the PS remains silent and non-committal on the issue, the IL party criticises the move, asserting that the state should focus on regulation rather than wasting millions to buy influence it already possesses.
The PS secretary-general posed several questions to the prime minister regarding the purchase of a stake in REN during his speech at the PS rentrée in Olhão.
The Secretary-General of the Socialist Party (PS), José Luís Carneiro, said this Sunday that Prime Minister Luís Montenegro must explain the reasons and the value behind the purchase of a 13.7% stake in REN – Redes Energéticas Nacionais, in order to ensure 'reliability' in governance. 'I would like to ask Dr. Luís Montenegro what is the...'
The incident occurred this morning in a mountainous area southwest of the Spanish city in African territory. Additionally, the death toll rises to 38 following the earthquake in Indonesia.
A 7.7 magnitude earthquake has struck Indonesia. Additionally, Trump admits to considering declaring the Strait of Hormuz as United States territory, and the penultimate stage of the Volta a Portugal cycling race begins today.
This is the response to a new call on social media for another attempt at a mass entry into Ceuta and Melilla. Additionally, Luís Montenegro announced that the State will once again become a shareholder of REN.
The Prime Minister's stance during his speech at the 50th anniversary of the Festa do Pontal, which was marked by major announcements. Additionally, Donald Trump admits to considering declaring the Strait of Hormuz as US territory.
During the traditional Pontal summer party in Quarteira, Prime Minister Luís Montenegro highlighted his government's achievements, including record employment figures, economic growth, and a reduction in public debt. He pledged to continue lowering income tax, raising the national minimum wage to 1,100 euros by the end of his term, and expanding the 'green pass' for public transport. Montenegro also addressed infrastructure projects, such as the new Algarve Hospital and investments in water management, while criticising the media for focusing on minor controversies rather than the government's broader successes.
The Prime Minister stressed that inflation is being controlled, public debt is falling, and public finances are balanced. The Pontal party is taking place in Quarteira, Algarve.
The Metrobus project in Portugal's southernmost region risks being shelved due to a lack of funding, as the municipalities involved are demanding financial participation from the State. The route is facing criticism, and a new railway line in the Algarve capital is being suggested as the best alternative.
The head of the Recuperar Portugal agency oversees the progress of the Recovery and Resilience Plan projects in the Algarve region.
Home News Algarve casino concession expected to generate billions for State Algarve casino concession expected to generate billions for State New gaming agreements secure higher annual payments and long-term stability for Portugal’s casino sector.
The new EN125 bypass around Olhão was officially inaugurated on Tuesday (May 12), with local mayor Ricardo Calé using the occasion to call for greater investment in the Algarve, particularly The post Olhão bypass opens as mayor presses government for Algarve investment appeared first on Portugal Resident.
The Portuguese government wants to put an end to excessive bureaucracy that has long delayed tourism projects, Minister for the Presidency and State Reform Gonçalo Matias said last week. Speaking The post Government vows to cut red tape holding back Algarve tourism appeared first on Portugal Resident.
The Government has declared the relevant public interest for the non-agricultural use of 228,600 square metres of National Agricultural Reserve land for the construction of an equestrian sports training centre in Vilamoura, in the parish of Quarteira, Loulé municipality, according to the Diário da República. The project was requested by the company Vilamoura World.
The project has been dragging on since 2018, was previously rejected, and now returns reduced: 30% fewer panels and fewer trees cut down.
The Ministry of Health indicates that the management contract for the new PPP “will last for 30 years”, with three years corresponding to the construction phase and 27 years dedicated to conservation, maintenance, and operation.
The government has approved the launch of an international tender for the design, construction and operation of the HCA. The project was identified as the country’s second-highest priority in 2006.
Construction was approved by the Government this Friday for a maximum amount of €426.6 million.
The Council of Ministers has approved an advance related to the Central Hospital of the Algarve, fulfilling a commitment that was first promised in October.
An investment of more than €420 million will be made through a Public–Private Partnership.
