Worldway: Fosun Sparks Another Bidding War for Portuguese Investment, Boosting the Immigration Boom

Worldway: Fosun Sparks Another Bidding War for Portuguese Investment, Boosting the Immigration Boom

Worldway: Fosun sparks another bidding war for Portuguese investment, boosting the immigration boom. The best immigration news can be found on the official Worldway Investment Immigration website.

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Worldway Comprehensive Report: Construction of the new Lisbon port container terminal has not yet begun, but the battle for its operating rights has already commenced. According to the Portuguese newspaper "Diário Económico," the Chinese Fosun Group, which spent heavily to acquire the Portuguese insurer Fidelidade, has expressed a strong investment interest to the Lisbon Port Administration. Now, they are simply waiting for the Portuguese government to officially launch a global tender for the container terminal project. The continued global enthusiasm for investing in Portuguese projects will significantly boost the country's investment immigration boom.

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【New Lisbon Port Container Terminal】

According to insiders, the administrative committee of the Lisbon Port Administration held a meeting with representatives of the Fosun Group last year to discuss investment matters regarding the new container terminal. "Diário Económico" also reported that in addition to the Fosun Group, another consortium from China is eyeing the new container terminal and has also submitted an investment interest to the port authority, though the name of this Chinese consortium remains unknown for the time being.

 

The new Lisbon port container terminal is located in the city of Barreiro, across the river from Lisbon. It is one of the important strongholds for future maritime routes on the Iberian Peninsula and even the European continent, thus playing a vital role in economic development. Chinese enterprises attach great importance to this, and consortia from other countries are naturally not falling behind. It is reported that the Philippine-based International Container Terminal Services, Inc. (ICTSI), the world's largest freight operator, Denmark's Maersk Group, the world's third-largest freight operator, France's CMA-CGM, and Portugal's second-largest freight operator, the ETE Group, have all officially announced their participation in the battle for the new Lisbon port container terminal.

 

Furthermore, it is said that China Ocean Shipping (Group) Company (COSCO) and China Shipping Container Lines Co., Ltd. have also expressed interest in investing in the project to the Portuguese side. The pace of Chinese enterprises frequently investing in Portugal and making significant inroads into the European investment market is becoming increasingly clear and robust. At the same time, the investment behavior of leading enterprises also guides the direction for individual investment immigration.

Portugal

As a high-value project for individual investment immigration, Portugal's property-based immigration program is widely recognized in the industry as a highly cost-effective immigration option due to its investment price advantages, lower application thresholds, ease of naturalization, the ability to work locally, and the benefit of bringing both spouses' parents along for the whole family. Worldway's Portuguese immigration experts state that the Portugal property-based immigration program is the first time such an open immigration policy has appeared in an EU member state and Western European country. It is worth noting that after quickly obtaining Portuguese residency through a simple property purchase, the conditions for obtaining an EU passport are significantly lowered. With the arrival of the Portuguese investment boom, this is an unprecedented opportunity, and investors are advised not to miss the current excellent investment timing.

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