Lisbon, Dec. 20 (Lusa) – The president of Portugal’s foreign investment and trade agency, AICEP, has described 2018 as a “milestone” for the institution, as “the year with the most contracts” for major investment deals signed in its decade of existence.
A total of 49 contracts were signed, for a combined investment of more than Euro1 billion, Luís Castro Henriques said at a ceremony in Lisbon on Thursday.
The event, to mark the signing of five new contracts, with the companies Font Salem, Hanon, Somincor, STE and TMG, with a combined value of Euro400.5 million, was attended by Portugal’s prime minister, António Costa.
AICEP seeks to promote foreign trade and investment by providing information, contacts and often tax and other incentives for foreign companies to come to Portugal.
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