About Portugal
Portugal is a welcoming and multicultural country with an open economy, where culture and tradition coexist with design, innovation, technology, and R&D. With almost nine centuries of history, Portugal is an innovative, sophisticated, and forward-looking country where sustainability is a priority and an industry concern.
Located in southwestern Europe, its strategic location, at the crossroads between the European, African, and American continents, and its status as a European Union and Eurozone member state make Portugal the ideal partner for business.
Portugal also has one of the most vibrant entrepreneurial ecosystems in Europe and is one of the countries with the most open policies towards international investment.
According to top international rankings, Portugal is one of the safest countries in the world with political and social stability and one of the countries that invests the most in renewable energy sources and policies to combat climate change.
Portugal's excellent infrastructure, telecommunications, and great quality of life attract visitors and companies worldwide. Several multinational corporations presently prefer the country to establish their service centres and point out competencies in technological areas as one of its strengths.
Portugal is also known worldwide as an excellent tourism destination. 2023 was the best tourist year ever in Portugal, welcoming around 30 million visitors, which generated 77 million overnight stays and 25 billion euros in revenues (+18.5% in 2022).
Portugal and the Maritime Economy
Due to the length of its coastline and biogeographical position, Portugal faces the challenges of climate change, environmental protection, biodiversity conservation, the sustainable 'exploitation' of the ocean and the growth of directly related economic sectors.
As a maritime nation, Portugal has always had a strong connection with the sea, exploiting its natural resources and establishing trade routes. This maritime heritage is still reflected today in its commitment to the sustainability of the oceans and the promotion of the blue economy, with the maritime economy currently accounting for more than 4% of the Portuguese GDP (official data).
With a coastline of around 2,500 kilometres and one of the largest Exclusive Economic Zones (EEZ) in the world, covering 1.7 million square kilometres, including a great diversity of ecosystems and resources, Portugal (mainland Portugal, Madeira and the Azores) has jurisdiction over around half of the European Union's marine waters (48%).
The delimitation process for extending the continental shelf beyond 200 nautical miles is currently underway at the United Nations, increasing the area covered by maritime spaces under Portugal's sovereignty or jurisdiction to 4,100,000 km2, thus extending sovereignty rights for conservation, management and exploitation of natural resources in the marine soil and subsoil.
This is one of the reasons for Portugal's increased responsibility in matters related to the governance of the ocean, including its conservation, knowledge, defence, and exploitation. With the organisation of Expo'98 in Lisbon, Portugal launched the Oceans issue onto the international political agenda. In Japan, at Expo 2025 Osaka, the sea and the blue economy once again raised the profile of the oceans, their conservation and the sustainable management of marine resources.
Portugal's participation in Expo 2025 Osaka is organised by AICEP, the Portuguese Agency for Investment and Foreign Trade, which is responsible for attracting foreign investment and the internationalisation of the Portuguese economy, encouraging an increase in exports and the international expansion of companies through its offices in Portugal and its overseas network in around 50 countries.