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Porto wants to attract investment of high added value

Porto wants to attract investment of high added value
26 May 2015

Porto City Council, through InvestPorto, signed protocols with various economic and institutional actors relevant in supporting the economic promotion and investment, such as AICEP, Health Cluster Portugal and various Chambers of Commerce and Industry (Italian Chamber of Commerce in Portugal, Chamber of Commerce and Industry Luso-Colombian, Chamber of Commerce and Industry Luso-Mexican, Chamber of Commerce and Industry Portugal-Angola, Chamber of Commerce and Industry Luso-Chinese, and Chamber of Commerce Portugal-Mozambique).

Before, a conference was held entitled "Porto: Location for Investment of High Added Value" where the Mayor was present, stressing that "the competitive advantage of Porto considering other alternative locations for investment isn’t related with squeezing costs or with low added value, but with the concept that the Anglo-Saxons identify as "value for money", in which resources and competencies are intersected for leveraging high added value operations with unapologetically competitive costs compared to alternative locations, especially European ones." He also took the chance to remember that Porto has more than 60,000 University students, per year there are 13,500 graduates and 500 PhDs in institutions of excellence, that are at the level of the best international practices, concluding that "we cannot waste this potential."