Economy

Porto is high on the priority lists of global investors

  • Article

    Article

rtp2rv.jpg

Porto is poised as an emerging-market city, internationally recognized as one of the most investment-friendly cities and one of the best places to live in Europe. Ricardo Valente, municipal councillor for Economic Activities, affirms the city is now on the radar of international investors.

In an interview to a Portuguese TV Channel, councillor Valente stated that 55% of the 67 investors to the city in 2016 were international investors. And also that 1,722 industrial and services companies have been established in Porto in 2015, (139 are industrial and 1,585 services), representing an increase of 30% when compared with 2012, unlocking jobs, housing and growth.

Ricardo Valente also said that Porto is already a market leader when it comes to the creation of start-ups and that new large investments are being prepared in the city of Porto.

Over recent years, Porto has undergone a renewed investment on transport infrastructure to achieve the city's and the north region's full potential, as geographical devolution is vital to free up resources and unlock growth, thus creating new, locally determined funding opportunities and more integrated approaches.