To choose Portugal is to choose an exciting country, in the West Coast of Europe, to invest and buy high quality services and products. It is also the choice for a privileged, geographically strategic location, ideal for those seeking to supply the European market or expand their businesses to other parts of the world.
Portugal has great logistic and communication infrastructures with connections to major cities by air, land, sea, road or railway and our communications and telephone systems are known as one of the best and more advanced in the world. The success of a project is also shaped by the quality of its human resources. In Portugal we have a highly skilled and talented workforce available with additional 100 thousand graduates joining the labour market briefly. Portugal is an innovative country with a friendly economic environment and diversified regions. A wide range of services are available online to help you set up your company and tools available to advice you about the best location for your project. And, of course, Portugal is not only a good country to invest but also a desirable place to live. You can find sunshine in most of the days helping you feel motivated and productive.
Unique & Strategic Location
Portugal has a unique and strategic location. Portuguese market is far larger than it may initially appear. It has 10.6 million people in the mainland and in Madeira and Azores islands, but it is also a gateway to a market of about 250 million people in the Portuguese speaking countries. And furthermore, there are 4 million more Portuguese and their descendents living abroad settled mainly in France, Germany, Switzerland, Luxembourg, US, Canada, Venezuela and Brazil. Portuguese is the 5th most widely spoken language in the world shared by the CPLP (Portuguese Speaking Countries Community) countries like Brazil (one of the BRIC countries), Angola (one of the fastest growing economies), Mozambique, Cape Verde, São Tomé and Principe, Guinea-Bissau and East Timor. Portugal is also an excellent entry point, or first test-market, for a foreign firm looking to get into the European Union. Portugal’s unique location, in the West Coast of Europe, is very close to time zones of so distant countries like Russia and the US facilitating business whether you go West or East. Key facts about Portugal’s location:
- Nearest European country to the American continent time zones
- 3 hours from Brazilian, Argentine and Russian time zones
- Same time zone as UK and Ireland
Our country is very well known for being among those with some of the most advanced communication systems. Portugal ranks 7th in fastest broadband speed and 9th in terms of price according to ITIF Broadband Rankings. Broadband Internet is spreading very fast across the country – at a rate of 24.5% – with the help of optical fibre. Portugal is ranked in the Top 20 countries with more use of optical fibre technologies. When it comes to making businesses move, we have what it takes. By air, sea or land we have the speed you need to make your products flow worldwide. Portugal has 3 international airports in the mainland and 7 in the Azores and Madeira Islands with regular daily flights to all major world cities. There are also regular daily cargo flights from Portugal to the major hubs in Europe and Asia. By sea, we have 9 main sea ports in the mainland, all receiving international traffic. The port of Sines receives 38% of all cargo ships arriving to and departing from Portugal and is also one of the largest deep waters port in Europe, with virtually no operational restrictions. The second main sea port, in the mainland, is Leixões with 20% of all international traffic followed by Lisbon port with 11%. These 3 ports have regular cargo lines, linking Portugal to the North, Central and South America, Asia, Africa, Europe and Middle East and dedicated train lines to expedite goods. Cargo rail network in Portugal, includes 4 international railway lines, and is operated by CP. There are 2 main container terminals: one at Bobadela and the other at Leixões. Bobadela terminal is located in the outskirts of Lisbon, with direct connection to the Lisbon harbour. Leixões terminal is located inside of the Leixões harbour. Railway network includes also a logistic chain, with rail-road-ports terminals spread throughout the country to enable the transportation of goods such as construction materials, timber, agro-industrial, coal, cars and vans, fuel, and chemicals. Key facts:
- 7 international airports
- Daily flights to major cities around the world
- 9 main sea ports
- 4 international railway lines
- Advanced communication system
Our human capital
Between 1976 and 2001, the number of students enrolled in Portuguese universities grew faster than in any other European Union country, increasing by an annual average of almost 6% compared no nearly 3% for the pre-enlargement EU (of 15 countries). Portugal has now 35% of its 20 year-old youngsters enrolled in higher education levels and is committed to have additional 100.000 new graduates during the next 4 years. To achieve this goal, public policies are investing additional 100 million euro to qualify the current workforce, stimulating the upgrade of their qualifications to the highest levels. Public policies and incentives are also encouraging companies to hire PhD graduates. Various steps have been taken to upgrade the academic and professional experience of the Portuguese workforce over the years. Consequently, Portugal has increased the age of obligatory schooling and developed a program of international cooperation between top-level international schools and Portuguese universities. Scientific work has also been boosted. Portuguese institutions now produce more than 7,000 scientific papers* a year compared with only a couple of hundred in 1981. In 2001. Portugal joined the restricted group of “countries of excellence” that contribute to the top 1% of the world’s most highly cited scientific publications. Portugal has today a strong pool of workforce with high level of education in a wide range of fields, especially in Business and Administration, with high motivation and adaptability. Although we have a highly qualified and motivated workforce, our wages continue to be competitive when compared to various other EU countries. The Portuguese workforce is particularly “language skilled”. Forty-two per cent of the population can hold a conversation in, at least, one foreign language and 23% can do it in at least 2 languages. The most widely spoken language in the country is English followed by French and Spanish. Key facts:
- Growing number of students enrolled in Portuguese universities
- Additional 100 000 new graduates during next 4 years
- Measures in place to keep upgrading qualifications of Portuguese workforce
- High skilled and motivated workforce with competitive wages
- Language skilled workforce
It’s nice to live in Portugal!
Talent and investment are also attracted by an unparalleled quality of life. On the West Coast of Europe, doing business is a pleasure. 220 days of sunshine, the nature and cultural heritage, make Portugal a place which attracts people and major tourism investments. Here the sky is blue, the daylight is fantastic, and the sun sets in the sea. Imagine yourself on the beach, after a day’s work, enjoying freshly caught fish or sipping a fine wine, like the Syrah 2005, from the Palmela region, which was considered the best red wine in the world at the Vinailes Internacionales 2008 event, held in Paris. Living in Portugal is a strong argument for attracting qualified people. Lisbon was elected one of the 50 cities in the world with the highest quality of life, by the “2007 Worldwide Quality of Living Survey”. And it’s not by chance.