Newsletter Invest in Portugal | January 2026 - ‎Discover the latest news, trends and testimonials about investing in Portugal in the Invest in Portugal newsletter.

January 2026
In 2025, AICEP signed €803 million in incentives to support projects that represent a total investment of €3.58 billion, setting a new national record. These projects will create more than 6,600 jobs, 20% of them highly qualified. Greenfield investment accounted for a significant part of these projects, which span across a variety of sectors, with a strong focus on the development of the electrical mobility global value chain, from the extraction and refinery of critical materials to the manufacturing of batteries and its components. These investments highlight Portugal’s growing appeal as a competitive, innovation-driven, and reliable location for long-term investment by global industry leaders.

Danish Topsoe invests in new cleantech project
January 2026
Topsoe, a global provider of advanced technology and solutions for the energy transition, will establish a battery materials manufacturing facility, in Sines, to produce LNMO cathode active materials (CAM) used in rechargeable lithium-ion batteries specifically in electric vehicles and for energy storage, thus helping to advance European energy resiliency. This project is one of 61 selected by the European Commission for funding through the Innovation Fund, using revenues from the EU Emissions Trading System (ETS), as part of efforts to strengthen Europe’s strategic autonomy in key energy transition sectors.

Eco Wave Power advances 1 MW wave energy project in Porto
January 2026
Swedish wave energy company Eco Wave Power has reached key milestones on its 1 MW project in Porto, strengthening the country's position as a hub for clean energy. With favourable wave conditions confirmed, the project is advancing toward construction and a targeted 2026 grid connection.

Toray expands local capabilities in Portugal 
January 2026
Japanese group Toray Industries has announced the launch of the first European sewing operations for Ultrasuede, alongside the opening of a showroom in Portugal, at the facilities of its subsidiary Alva Confecções in Sintra. This move strengthens Portugal’s role as a strategic industrial and supply-chain hub for Europe, supporting faster delivery and an integrated value chain for high-value applications across automotive interiors, furniture, design and fashion.

PwC launches Strategy& Portugal
January 2026
PwC has strengthened its presence in Portugal with the launch of Strategy& Portugal, expanding its global strategic consulting platform into a market of growing relevance in Europe, and the Atlantic and Portuguese speaking regions. The move reflects confidence in Portugal’s role as a technology, renewable energy and internationalisation hub, and in the demand for strategic support across industrial modernisation, digital transition and public-sector reform.

Amazon Web Services (AWS) expands European Sovereign Cloud to Portugal
January 2026
Amazon Web Services confirmed that the AWS European Sovereign Cloud will expand to Portugal through new sovereign Local Zones. This expansion is intended to support strict in country data residency and low latency requirements across the EU, representing a major long term investment in infrastructure, workforce expansion, and digital skills development.

Vehicle production in Portugal grew by 2.7% in 2025 
December 2025
In 2025, vehicle production in Portugal grew by 2.7% yoy, reaching 341,361 units. With 97.8% of production exported, the sector continues to reinforce Portugal's position as an automotive manufacturing and export hub. Europe accounted for 88% of exports, led by Germany, Italy, Turkey, France, and Spain, followed by Africa (4.3%) and the Americas (2.8%).

Portugal climbs three places in INSEAD Global Talent Index 2025
December 2025
Portugal ranks 24th globally out of 135 countries, supported by an open, inclusive and stable talent ecosystem. Strengths include internal openness (6th worldwide), world-leading economic empowerment of women (1st), strong social cohesion, and solid performance in education, R&D and talent retention. High quality of life further supports Portugal’s attractiveness for engineering, R&D, shared services and advanced manufacturing serving global markets.

We are thrilled to accept this grant from the Portuguese government for our next-generation LMNO CAM technology. We chose Portugal as the site for our plant due to the availability of cost-competitive renewable energy and the state’s willingness to attract companies like ours that are ready to scale advanced clean technologies. We would like to thank AICEP for their support thus far and look forward to continuing the collaboration.