Dusseldorf At the Portuguese investment agency Aicep, the phones are running hot: In the seven months of this year, inquiries from companies wanting to set up a location in Portugal have skyrocketed by 50 percent. And that compared to 2021.
Last year was already the previous record year with 97 investment projects worth 2.7 billion euros. Before the pandemic, in 2019, the total was 1.2 billion euros. So far, inquiries from German companies for suppliers in Portugal have more than tripled compared to 2021.
The reason for this development are the global crises, especially the corona problem. Aicep helps large corporations that are interested in Portugal as a location or are looking for suppliers there.
There have been significantly more of these since the outbreak of the pandemic. In view of delivery bottlenecks and skyrocketing logistics costs, companies want to be less dependent on one supplier or one region.
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