June 26, 2018
Attractiveness Survey for 2017
According to a study from Ernst & Young – Attractiveness Survey for 2017 – Portugal attracted 95 Direct Foreign Investment (FDI) project last year, 61% more than in 2016.
In terms of short-term investment, Portugal overtook Spain, France and Germany while 65% of the 203 surveyed said Portugal was an interesting place to invest while 31% said they would continue to invest over the next three years.
“Lisbon is once again the most attractive region, followed by the North, Centre, Algarve, Madeira, Alentejo and Azores” states the report. The North managed to capture the largest number of projects including Euronext, Natixis, Bosch, Vestas and Zalando.
In Lisbon the report highlights companies like Cisco, Siemens and Google. Together, the two areas captured 70% of all foreign investment.
Almost half of the projects and the majority of jobs (3,139) were in the industrial sector while research and development were in second place generating 1,420 jobs.
Portugal is seen as a country with social stability, and this was one of the key factors in Portugal’s attractiveness according to 86% of those surveyed.
Source: REPÚBLICA DE PORTUGAL