GROWTH IN PORTUGAL IS AN EXCELLENT OPPORTUNITY FOR FRENCH-SPEAKING ENTREPRENEURS!
Carlos Vinhas Pereira, President of the Franco-Portuguese Chamber of Commerce and Industry, believes that "the economic climate in Portugal is at its highest since 2008. According to himonfidence is back.
Confidence is back
Employment reforms have resulted in a stronger labor market. Its corporate tax policy has also had a positive impact on the country's attractiveness.
Why is this an excellent opportunity?
- Growth forecast up from 2.2 1TP3Q to 2.6 1TP3Q.
- Driven by exports. The country has benefited from the tourism boom, which is breaking records with revenues of 12.7 billion euros in 2017.
- The unemployment rate fell to 6.8 1TP3Q .
- Technology and innovation are real growth drivers. They have boosted exports in the agricultural, automotive, electronics and textile sectors.
To offset a drop in domestic demand, the companies Portuguese companies have had to internationalize and have benefited from recognition abroad of their technological know-how and competitiveness.