The Most Promising Sectors:Investing in Portugal

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The most promising sectors for investors in Portugal are currently as follows.
Mining of lithium, tungsten, tin, uranium. iron ore, copper, zinc, silver, gold, marble, clay and gypsum has been attracting several investors.
Agriculture and associated industries (wine, olive oil, fruits, canned tomato, fresh vegetables and flowers, beet sugar, sunflower oil and tobacco) is expanding considerably and benefiting in the South of the country from the major Alqueva irrigation system, still being developed. Forests (mainly pine trees, cork trees, holmoaks and eucalyptus) cover about one third of the country. Portugal is the World's leading producer of cork and cork products. The pulp and paper industry, processed wood products and furniture manufacturing are the other main industries associated with the forestry sector.
As regards fisheries and sea-related industries, Portugal has a large Exclusive Economic Zone (1,727, 408 sq km) and the fishing industry is significant, with local fishing by small traditional vessels accounting for the largest part of the total fleet but less than 10% of the total tonnage. The ship building and repair industry is increasing its export quota and some mid-sized shipyards may constitute interesting investment targets.
Other major industries include oil refining, petro-chemistry, cement, automotive, electrical and electronics products, machinery, injection moulding, plastic products, textiles, footwear, leather, ceramics, beverages and food processing. The automotive industry is a key sector and a major exporter and the country is a world leader in the making of precision moulds for the plastics industry. The development of equipment for clean energy production has been gaining momentum. The aerospace industry recently received a boost with an important investment by Brazil's Embraer.

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