PremiumLuís Todo-Bom: “Foreign investment has not made any significant changes”

The foreign investment that has recently entered Portugal has not made any significant changes to our production structure. None, says the manager, a member of the PSD Advisory Council.

Could the EU money that we will have access serve as a catalyst for more realizable foreign investment in Portugal? Could it serve as a platform for us to continue a work already developed, attracting more projects like those of Mercedes and BMW, and of companies that came to Portugal in areas of very high technology?
The foreign investment that has recently entered Portugal has not made any significant changes to our production structure. None. Investments for call centers came in… More: a large part of the investment has little fixed assets, and therefore we need to attract foreign money different from what we have been attracting. Nowadays, foreign investment rarely makes a new factory. What happened to Autoeuropa is already rare. The factories, with robotization, are returning to their original territory. If AutoEuropa closes, the cars that are produced there will be manufactured in Germany. Much of the international investment is made in partnership with local companies. There are groups with some dimension where these partnerships are useful and work.

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