AICEP approved investments of 300 million

The Portuguese Foreign Trade Agency (AICEP) has approved an investment package worth more than 300 million euros in four companies, creating more than 1,200 jobs, the Government announced on Monday.

In a statement, the Ministry of Economy indicated that these investments, approved last week by AICEP, are intended for four areas of activity, namely components for automobiles, cellulose fibers, medical-hospital equipment and measuring devices.

“These investments contracted by AICEP in the first four months of 2025 will allow the creation of 1,263 new jobs, of which 152 are qualified, and the maintenance of 1,211, of which 227 are qualified,” he indicated.

According to the Government, this volume of investment contracts in the first four months of the year is “a good sign that the Portuguese economy will be able to maintain its growth trajectory in 2025, despite a particularly challenging external environment”.

The investments will be distributed among four companies, with the largest going to Coloplast Manufacturing Portugal, totaling 110 million euros, for the construction of an industrial unit in Felgueiras.

Bioteck will receive 75 million euros to transform the production line , and Preh Portugal 72 million euros to expand the current production unit in Trofa.

Finally, Testo Portugal will be the target of an investment of 44 million euros, “for the construction of a new and modern industrial unit for the manufacture and assembly of measurement and control equipment”.

The Ministry recalled that, in February, “the start of Calb's investment took place, of around two billion euros, for the construction of a state-of-the-art lithium battery factory in Sines, which will allow the creation of 1,800 direct jobs”.

Furthermore, he recalled, Volkswagen announced in March that it will produce the new electric car at Autoeuropa, in Palmela.

The Government also recalled that in 2024 “a total investment package of 420 million euros had already been contracted through the Agency, corresponding to the creation of more than a thousand jobs in six different areas of activity and with the permanent allocation of 600 of these jobs to research and technological development activities”.

Quoted in the statement, the Minister of Economy, Pedro Reis, said that these investments show that Portugal “continues to be seen by investors as a safe haven”.