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Social Business Club Portugal - Newsletter

Stay informed on the latest news from the Social Business Club Portugal Network

Biotech Portugal aims to boost capacity

sirgalhardo's picture

Submitted by sirgalhardo on Wed, 2006-05-31 21:57.

New biotechnology could be a path for international specialisation in Portugal if existing critical mass was restructured by district or region and joined up with Portugal's economic diplomacy efforts to secure rapid penetration of emerging new opportunities in Brazil and Mozambique. Brazil offering a highly-developed, fast-growing biotechnology sector, is of particular interest says the "Biotech Portugal 2005"  report produced by INTELI. INTELI is a policy and intelligence centre involved in strategic studies in motor vehicle, aeronautics and other sectors. Among market opportunities is bio-combustion – ethanol as an alternative to petrol – and bio-diesel (replacing diesel) in Portuguese-speaking countries such as Brazil (distilled from sugar cane) and Mozambique (soya used to produce bio diesel). 

Torres Vedras real-estate and tourism development worth €225 million

sirgalhardo's picture

Submitted by sirgalhardo on Sat, 2006-04-22 11:40.

A group of Portuguese developers led by Eduardo Netto de Almeida and Starwood Hotels & Resorts Worldwide is investing €225 million in a Torres Vedras (north-west of Lisbon) real-estate and tourism development. The project includes two 5-star hotels at Turcifal. Campo Real as it is known, recently opened an 18 hole golf course. Eduardo Netto de Almeida said : "We are in the final stages of approval for the acquisition of 75 ha of land adjoining Campo Real where we will build a villa development, a second Westin (Starwood Hotels) unit and a further nine-hole golf course. The extension will cost €100 million. To date the group has invested €15 million. The first stage is due for conclusion in 2007. Campo Real is an integrated resort. Its first stage covers more than 80ha and includes an hotel, spa, golf course, horse-riding and a congress centre.

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