The Portuguese Economy Minister said this Friday that Brazil’s investment in Portugal “has enormous potential” to go “far beyond” what has been historical and that it is “welcome”.
“There is investment of a financial nature, there is much and very welcome investment in the area of real estate by non-residents and another type of Brazilian investment is beginning to be designed”, Pedro Reis told journalists, on the sidelines of a Lide conference, which takes place this Friday in Lisbon, bringing together political and other entities, as well as businesspeople from Brazil and Portugal.
In an interview with journalists, he highlighted that “there is enormous potential that goes far beyond what Brazil’s investment history has been.”
Adding that if the two countries are “aligned on an economic diplomacy agenda” and give “more visibility to both markets” investment could grow.
In his speech, the minister made a point of mentioning the support funds available to investors, investment incentives, as well as the financing lines available in the Portuguese market, with the “hat” of the European Union, and within the reach of companies Brazilian companies operating in Portugal.
He also highlighted “the complementarity” that can exist between the two countries, which “still has a lot to happen”, and where “there is still a lot to explore”.
According to Pedro Reis, the Portuguese economy “is above all a strategic platform”, and “an interesting hub”, or “investment landing zone”, in an era of changes at a global level, and which gives “natural access” to three major markets: Europe, Africa and Latin America. “This counts as an asset of our economy,” he stated.
But Portugal also has investment in infrastructure, energy competitiveness and security, he added, which is “very important” nowadays.
Therefore, the government is “committed to creating investor-friendly policies”, he highlighted, and, in this context, understands that the “best thing the State can do is let companies breathe and grow”.
So what he will do is “promote the conditions and foster the relationship to let partnerships flourish”, he guaranteed.
Brazilian and Portuguese businesspeople, public authorities and investors are gathered today at the LIDE Brasil Conference, which takes place in a hotel in Lisbon.
The event will aim to debate Brazil’s investment opportunities in Europe, focused on innovation and technology, economy and finance, circular economy and environmental benefits, in addition to discussing the new banking scenario.
Among the Brazilian exhibitors are the Ambassador of Brazil in Portugal, Raimundo Carreiro, the former president of Brazil, Michel Temer; Mario Sarrubo, National Secretary of Public Security; Romeo Zema.
The LIDE Brazil Conference plays a role in the international debate agenda, reinforcing Brazil as a protagonist in sectors relevant to the global economy, by bringing together leaders from different segments and powers.
Source: www.jornaldenegocios.pt
