Prime minister presents investment plan for companies in the country’s interior

  • ECO News
  • 23 October 2018

The Prime Minister has announced that three Portuguese municipalities of the interior region of the country will be the beneficiaries of the "Roadmap of Investment in the interior".

Portugal’s prime minister António Costa is to launch company investments in three Portuguese municipalities on Tuesday as part of a government initiative titled “Roadmap of Investment in the Interior.”

During visits to Vila Velha de Rodão, Guarda and Nelas, Costa will be accompanied by the minister for economy, Pedro Siza Vieira, and by the new secretary of state for Appreciation of the Interior.

His first stop is Vila Velha de Rodão in the district of Castelo Branco, where he will inaugurate plastics company Roclayer.

The prime minister will then preside the signing of the first of four contracts for investments approved last Thursday at a cabinet meeting involving €350 million.

In the early afternoon in Guarda, during a visit to Coficab, Costa is to attend the launch of an investment project by the company worth €38.1 million.

In the late afternoon in Nelas, in the district of Guarda, he is to attend the signing of a contract for an investment by Luso Finsa, a leading company in the wood processing sector.

According to the government, this €49.5 million investment will see the creation of 51 jobs by 31 December 2021, as well as keeping the existing 262 jobs.

Last Thursday the government approved a decree that regulates the country’s programme to attract investment for the interior, which aims to “diversify the present economic framework, create qualified jobs and add more value.”

The state budget for 2019 includes a pack of measures that aim to increase deductions for companies investing in the country’s interior.