Mário Centeno announced this Monday that there will be an investment of €60m in the Douro region in Portugal. Foreign tourism in the region increased by 40%.
Portugal’s finance minister on Monday announced an investment of €60 million in Portugal’s Douro region, spread across 59 projects in various support programmes to boost the tourism sector.
Manuel Caldeira Cabral said projects in these sectors were boosting the Douro’s economy.
“The Douro has seen a great growth in revenue, of 68% over three years, which is really fantastic,” he said. “It means the effort we have made in the past few years in promoting and increasing the visibility of the region is bringing us more tourists.”
He added that foreign tourists in the region had risen by 40%.
The region has signed protocols with the University of Trás-os-Montes e Alto Douro (UTAD), the Tourism School of Douro, Tourism of Portugal and the Douro and Port Wine Institute (IVDP), which are focusing on promoting training in wine tourism and in wines of the Porto and Douro regions.
Since 2016, around €46.7 million has been invested in 32 projects, with €27.5 million coming from the Valorizar programme.