Latest news and stories about investment in government in Lisboa, Portugal for expats and residents.
The Portuguese government has unveiled its National Data Centre Plan to boost digital infrastructure investment, receiving cautious optimism from industry experts who emphasize the critical need for effective execution.
Joom CEO Ilya Shirokov warns that proposed changes to Portugal's nationality law create market uncertainty and hinder the recruitment of international talent, noting that the company has already lost potential candidates to Germany.
Portugal is seeking to enhance its appeal to Middle Eastern investors, particularly from Qatar, by shifting its marketing strategy beyond just its favorable climate. In Doha, representatives from Startup Portugal are engaging with local entrepreneurs to promote investment opportunities in the country.
The event focuses on strategies to encourage investment from Portuguese citizens living abroad within a seven-minute pitch format.
The former Governor of the Bank of Portugal also mentioned that “part of the investments made in the United States are with European money”.
The Prime Minister stated today that Portugal is “highly competitive” from an energy perspective, with one of the “lowest costs in the European Union,” and expressed confidence that it will return to growth in 2026 above the EU average.
The Prime Minister emphasizes Portugal's strong competitive position within the energy sector.
The Prime Minister unveiled the Recovery and Resilience Plan (PTRR) during an event held at the Portugal Pavilion in Lisbon.
The Prime Minister highlighted that the programme incorporates contributions from mayors, the former and current President of the Republic, and political parties.
Prime Minister Montenegro announces the total cost of the Recovery and Resilience Plan (PTRR) will reach 22.6 billion euros.
The document was presented by the Prime Minister this Monday.
The 'Portugal Transformation, Recovery and Resilience' (PTRR) programme will have a budget of 22.6 billion euros, utilising national public funding (37%), private funding (34%), and European funds (19%), according to the final version of the programme presented this Tuesday at Parque das Nações in Lisbon, three months after the storm Kristin and a...
The Governor of the Bank of Portugal increased his stock portfolio after taking office. The European Central Bank's code of conduct does not permit these private transactions. Santos Pereira was required to divest.
Macau facilitates the signing of 109 business agreements between Chinese firms and partners in Portugal and Spain.
The opposition praises the increase in investment in the municipal housing company, which has risen by 520% over the last four years. However, they point to the aid from the PRR and note that there are buildings lacking minimum safety standards.
The Alto Alentejo region is showcasing its potential and initiatives at the Portugal Global Nation Forum held in Lisbon.
Portugal's business landscape is dominated by small and medium-sized enterprises (SMEs), which officials argue hinders productivity and global competitiveness. To address this 'SME trap,' the Banco Português de Fomento (BPF) plans to inject €30 billion into the economy through 2028, using public guarantees, European funds, and a new sovereign-style investment fund to help companies scale up and compete internationally.
The regulation controlling foreign state subsidies for companies bidding on European projects has targeted Chinese investors and may impact other public works tenders.
The Brazilian president praised the relations between Portugal and Brazil, which, in his opinion, are going through their “best moment”.
The challenge for the Portuguese economy is not just to grow, but to grow with resilience, productivity, and responsiveness, stated Minister of Economy and Territorial Cohesion, Manuel Castro Almeida, at a congress in Lisbon. The minister highlighted the government's focus on mobilizing European funds, boosting public and private investment, and fostering internationalization. He also noted the need for the state to demonstrate a capacity to respond to calamities, such as the severe weather experienced earlier this year, while emphasizing the importance of convergence, competitiveness, and prosperity in an increasingly unpredictable global economy.
The Incomparáveis Agency reports that the forum's official schedule highlights the role of the Portuguese diaspora in driving economic growth.
Leitão Amaro says the total investment of 380 million represents an 80% increase over the initial forecast. He explains that the Government could not “leave the work half-finished” and points out that the additional funding was approved by the PS.
Alexandra Leitão warns about investment execution levels and argues that the municipality 'should have adopted a more active strategy to strengthen the public response' in several areas.
Report states it is “unlikely” that other previously unknown liabilities will emerge.
