Luís Montenegro closed aicep Portugal Global’s investment contracts ceremony, which took place at the Port of Sines.
APS - Ports of Sines and the Algarve Authority, S.A. Auditorium hosted the aicep Portugal Global’s investment contracts ceremony, which took place on January 20 and was headed by the Prime Minister, Luís Montenegro.
The six projects that have been formalised represent a total investment of around 3,5 billion of euros, being two of them to be established in the Sines Industrial and Logistics Area (ZILS), namely CALB and TOPSOE Battery Materials. The first project represents a total investment around 2.000 million of euros, while the second amount to 110 million of euros. Together, these new projects will create around 1.900 new jobs in the Sines region.
At the end of the ceremony, Luís Montenegro highlighted the capital importance of these new projects for the national economy, reaffirming the Government’s commitment to supporting companies and facilitating their establishment in Portugal by creating favourable fiscal, administrative and other competitive conditions for foreign investment.
As the ceremony took place at the Port of Sines, the Prime Minister also highlighted Sines strategic geographic location as a privileged gate to the European continent. In fact, this strategic advantage along with the high levels of connectivity offered by the port to key international markets, comprise a decisive competitiveness factor in traffic flows, not only to these two new projects, but to the entire value chain served by the Port of Sines.