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Portugal's engineering market is experiencing a boom, driven by strong government investments in infrastructure, renewable energy, and technology. With a market size exceeding €20 billion, it offers ample opportunities for domestic and international engineering firms.
Key figures:
Market size: €20 billion+
Annual growth rate: 4-5%
Major sectors: construction, energy, transportation, telecommunications
The Portuguese government plays a key role in driving engineering market growth through its robust procurement program. In 2022 alone, the government spent over €5 billion on engineering projects, with a focus on:
Infrastructure development: roads, bridges, railways, ports, airports
Renewable energy: wind farms, solar panels, hydropower plants
Public buildings: hospitals, schools, universities
Defense and security: military equipment, cybersecurity systems
The Portuguese government procures a wide range of engineering products and services, including:
Design and construction: buildings, roads, bridges, tunnels
Equipment and machinery: turbines, generators, transformers
Information technology: software development, data analysis, cybersecurity
Research and development: innovative solutions for energy, transportation, and environmental challenges
Several key authorities oversee Portugal's engineering procurement process:
Infrastructure Portugal (IP): Responsible for national road, rail, and airport infrastructure.
REN - Redes Energéticas Nacionais: Manages the electricity grid and promotes renewable energy development.
Águas de Portugal (AdP): National water and wastewater utility company.
Instituto de Infraestrutura, Mobilidade e Territórios (IIMT): Supports regional development and infrastructure projects.
Leading Portuguese and international engineering firms are securing major government contracts, including:
Arup, Bechtel, and Egis: Consortia involved in high-speed rail projects.
Siemens Gamesa Renewable Energy: Leading supplier of wind turbines.
Microsoft and Accenture: Providing IT solutions for public institutions.
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