In 2022 Portugal climbed to eighth place in the ranking of ‘top ten’ of European economies that most attract foreign direct investment projects, following a couple of decades in which investing in Portugal has been a common topic in different worldwide forums.
During that period Portugal managed to attract to its territory projects of the greatest importance, such as the Volkswagen’s vehicle-production unit in Portugal, a joint venture established in 1991 initially between Volkswagen and Ford, which constitutes the largest foreign investment in the country, contributing to more than 1.5% of its GDP (pre-pandemic data) and creating a high number of direct and indirect jobs in a region in the south outskirts of Lisbon.
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