Economics
Portugal Growth Isn’t Just in Tourism, Economy Minister Says
- Country luring global investors, from France to India: Cabral
- Tourism and exports have been driving the Portuguese economy
Cabral Says Portugal Is Proud of Being a Very Open Economy
This article is for subscribers only.
Portugal’s economy is growing in sectors from agriculture to software -- not just tourism -- and attracting investor interest from France and Germany to China and India, Economy Minister Manuel Caldeira Cabral said in an interview on the sidelines of the World Economic Forum in Davos on Tuesday.
Growth in tourism is “the story that’s already known,” the minister said. “Less known is that we’re growing at more than 20 percent in exports of some agricultural goods and growing above 15 percent in automobile, aeronautics, mechanical products and also software.”