Outsourcing Manufacturing & Services in Europe - meet Portugal!
With direct access to EU markets, low costs (labor and infrastructure), high quality and expertise, and a foreign-friendly culture.
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Central in Location and Trade
Ranking at #1 along with Spain and France in the "Trading Across Borders" metric by the World Bank (2019), Portugal offers a strategic location and trade benefits for business. It is also the closest European country to North America, is fully integrated in European Markets, and benefits from historical cultural ties worldwide - India, China (Macau), Africa, South America/Brazil - that give it a clear advantage in trade.
Top-level Communications and Affordable Infrastructure
According to Europe’s Digital Progress Report 2017 – Connectivity, Portugal is the leader in fibre-to-the-premises (FTTP) access in Europe, with almost 90% of territory covered. The telecommunications network is one of the best in the world, and it enjoys some of the most competitive real estate in Europe.
Low Labor Costs with Skilled Professionals
Portugal has a highly skilled, experienced and driven workforce, in addition to the free movement of workers from other EU member states. The cost structure in Portugal is some of the most competitive in Europe in terms of labor costs and cost of living, providing lower operating costs to companies. There is also highly qualified human capital with above average linguistic skills, an appetite for new technologies and a natural ease to connect with other cultures. See more about sourcing and outsourcing in Europe on our blog.
Stable and Safe - Political and Social
Portugal is a politically and socially stable country with a highly rated business environment and privileged geography, climate and quality of life. As a member state, Portugal follows EU standards and ethics namely on data protection. It's also one of the safest countries in the World, ranking 3rd on the Global Peace Index 2019.
Production Experience
Many of the industrial and consumer goods imported (and then exported) by major European economies are actually produced in Portugal. From energy, to car parts, to shoes, there's a good chance it was manufactured here.
Top World Companies are Already Here!
It's no secret, some of the World's top companies already have operations in Portugal. From Cisco Systems, BNP Paribas, Xerox, and IBM, among many others. See more in article Major Companies Are Moving To Portugal – Here’s Why