InvestPorto projects with figures exceeding EUR 250 million and over 11 thousand jobs created

The municipal support office to the city's economic development is linked with projects that have created more than 11 thousand jobs. This momentum in Porto and the optimum response to investment initiatives are now reflected on a dedicated portal - www.investporto.pt.

From the setting up phase in 2015 until this month of April, InvestPorto has carried out more than 350 business location proposals and has directly supported the settlement of 121 investment projects, 57 of which are international. The investments in place have significantly enhanced job placement and job creation, generating over 3,000 new jobs in the city, and another 8,000 to be created within the next two years.

InvestPorto was established by Rui Moreira, Mayor of Porto and the office's mission is to foster a more competitive business environment and attract both domestic and foreign investment to the city, thus ensuring a reliable future of the city's economic ecosystem.

Initiatives supported under InvestPorto amounted to an estimated investment of EUR 250 million.

InvestPorto inter-relates its activity with all relevant departments in the Municipality and with a wide variety of external, public and private, national and international organizations. In this broad context, InvestPorto acts as a catalyst for foreign direct investment, including carrying out international missions (nine missions have been carried out so far). 

Also, the support office features meetings with businessmen from different countries and provides economic diplomacy services.

InvestPorto offers an integrated web-platform www.investporto.pt, in line with its mission and has now a new Facebook page.

The new platform provides investors quick and easy access to a whole range of relevant services, namely, strategic location, competitiveness, innovation, human resources, and infrastructure.  Effectiveness of coordination is also enhanced by means of the right incentives such as municipal, financial, fiscal, support for hiring, gold visas and other.