On Monday 10 April, the Embassy of Italy in Lisbon organized, in collaboration with the Italian Chamber of Commerce for Portugal (CCIP) and ITA – the Italian Trade Agency in charge of promotion and internationalization of Italian companies – the webinar “The Portugal of the Future”, to present to Italian companies all the opportunities offered by the country in the light of the scenarios outlined by the local Government Plans for the next decade.

Poster of the webinar organized by the Italian Embassy in Lisbon

The event, which was attended by over 200 companies, was opened by Ambassador Carlo Formosa, who highlighted how the Portuguese economic system can be very attractive, illustrating the competitive advantages that the contry can offer with respect to traditional European markets as an outlet for Italy, as well as a recipient of investments. With regard to the opportunities for bilateral cooperation in the green and digital fields, the Ambassador then brought attention to the Portuguese National Recovery and Resilience Plan – drawn up by the Lisbon Embassy in collaboration with the PLMJ Law Firm.

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Offshore wind farm in Portugal

The Undersecretary for Energy at the Ministry of the Environment, João Galamba, also focused on the aspects related in particular to the timing of implementation and the elements characterizing the environmental and energy transition in Portugal, mentioning various projects relating to renewables that could be of interest to Italian companies. The General Manager of Power Generation Portugal, Pedro Almeida Fernandes, continued by exposing the onshore renewable energy production plan in Portugal of Endesa, a company of the Enel group with over 500,000 customers in the country.

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Then, introduced by Santi Cianci, President of the CCIP, the President of the Investment and Foreign Trade Agency of Portugal (AICEP), Luís Castro Henriques, and the Director of the Entrepreneurial Association for Innovation (Cotec), Jorge Portugal, took the floor, explaining the Plans approved by the Portuguese Government and presenting business and investment opportunities, with a focus on innovation and the sectors with the greatest potential for our companies. Finally, Cecilia Oliva, head of the ITA office in Madrid, also responsible for Portugal, recalled the services offered by ITA to companies to support them in their approach to the local market.