Tuesday, January 21, 2014


The major industries include: oil refineries, petrochemistry, cement production, automotive and ship industries, electrical (mainly from renewable sources) and electronics industries, machinery, pulp and paper industry, injection moulding, plastic products, textile, footwear, leather, furniture,ceramics, beverages and food industry and cork (leader producer). Automotive and other mechanical industries are primarily located in and aroundSetúbal, Porto, Lisbon, Aveiro, Braga, and Santarém.
Coimbra and Oeiras have growing technological-based industries, including pharmaceuticals and software. Sines is a major petrochemical centre.Maia has one of the largest industrial parks of the country, including noted wood processing and food industries. Figueira da Foz is a major centre of pulp and paper industry. Marinha Grande is the most reputed glass making centre of Portugal. LeiriaOliveira de AzeméisVale de Cambra andViseu, have important light industries, including injection moulding and plastics.
Modern non-traditional technology-based industries like aerospacebiotechnology and information technology, have been developed in several locations across the country. AlvercaCovilhã,[43] Évora,[44] and Ponte de Sor are the main centres of Portuguese aerospace industry, which is led by Brazil-based company Embraer and the Portuguese company OGMA. Since after the turn of the 21st century, many major biotechnology and information technology industries have been founded and are concentrated in the metropolitan areas of LisbonPorto, Braga, Coimbra and Aveiro.


Since the late 1990s, when Wind Power was virtually inexistent in Portugal, the country has become the 6th producer of this kind of renewable energy. Along with the traditional Hydroelectric energy, the Portuguese companies, including the biggest one in the country - EDP - and with the support of the government have heavily invested in new kinds of renewable energy, from then on. In 2010, 52% of the energy produced in Portugal was renewable. From January to November 2013, around 63% of the energy produced was renewable, including 29.7% hydroelectric, 22.8% from wind, 5.3% from biomass and 0.9% solar energy. Thanks to this energetic strategy, during 2013 (until November) Portugal had reduced to only 5.4% the energy that it imports. Fossil fuels are still the source of 35.9% or the energy, but the trend is to diminish. From the beginning, Portugal has opted not to invest in Nuclear Power, so there isn't any Plant of that kind in the country.


The tertiary sector has grown, producing 66% of the GDP and providing jobs for 52% of the working population. The most significant growth rates are found in the trade sector, due to the introduction of modern means of distribution, transport and telecommunications. Financial tertiary have benefited from privatisation, also gaining in terms of efficiency. Tourism in Portugal has developed significantly and generates approximately 5% of the wealth produced in Portugal.