Portugal is an attractive country for foreign investment

According to the April issue of Portugal Global magazine, the Portuguese Agency for Investment and Foreign Trade (AICEP) facilitated 47 productive investment projects in 2022, resulting in the creation of 7233 job opportunities and a total foreign direct investment (FDI) of 2678 million euros.

The 47 foreign direct investment (FDI) projects facilitated by AICEP in 2022 had diverse profiles, but the majority were rooted in technology. However, what they all shared was the perception of Portugal as an appealing destination for foreign investment, owing to factors such as its talented workforce, global appeal, and strategic location within the European Union.

AICEP reports that of the 7,233 job opportunities created, over half (approximately 4,000) are concentrated in the technology sector, with a specific focus on software development and information technology.

The leading countries investing in Portugal, according to AICEP, are the United States of America, followed by Germany, the United Kingdom, Switzerland, and Nordic countries, in that order.

AICEP notes that Portugal offers investors access to a highly-skilled talent pool. In 2022, over 93,200 students graduated from higher education institutions in the country, with approximately 30% specialising in science, technology, engineering, and mathematics (STEM) fields.

Source: AICEP Portugal