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China
23 March 2023

Procurement projects in Timor-Leste earned Chinese companies USD 715 million
Companies from China were the biggest foreign winners of procurement projects from the Government of Timor-Leste between 2011 and 2023, with a total value of over USD 715 million, according to official data.
Portugal
16 March 2023

Real estate investment in Portugal jumped 67 percent in 2022
Real estate investment in Portugal jumped 67 percent in 2022 to EUR 3.3 billion, according to a new report by real estate consultancy Savills.
Mozambique
15 March 2023

Mozambique set to begin repair of its main highway with World Bank funding

Mozambique is set to start later this year repairs on its main north-south highway, in a stretch of over some 1,053 kilometres, with funding from the World Bank.

The first phase of the improvement of the 2,600-kilometre National Road 1 (EN1) will take 10 years and see works carried out over some 1,053 kilometres of the vital artery, the Portuguese news agency Lusa reported.

The World Bank has approved a total funding of USD 850 million

Angola
16 February 2023

Lobito Corridor set to become the world’s most important critical minerals railway
Angola, Zambia, and Democratic Republic of Congo (DRC) have taken major steps to create a trade corridor that could transform how the region’s resources are shipped.
China
15 February 2023

Portugal becomes first EU country to purchase made-in-China metro train
The first of the 18-set metro trains made by Chinese company CRRC Tangshan was delivered to the Porto Metro company of Portugal.
Timor-Leste
14 February 2023

Japanese cooperation agency JICA to support refurbishment of Dili International Airport
The Government of Timor-Leste and the Japanese cooperation agency JICA signed a cooperation agreement for the refurbishment project of Presidente Nicolau Lobato International Airport, in Dili.
Angola
10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
Angola
06 February 2023

CITIC rejects widespread construction defects in Angolan Kilamba Kiaxi housing project
China´s CITIC Group rejected widespread construction defects in its Kilamba Kiaxi housing project in Angola, alleged by the The Wall Street Journal.
Portugal
17 January 2023

Online renewal of Portugal residence permits now available for golden visas
The online renewal of residence permits in Portugal for foreigners will be available again this week and will cover “golden visas” for the first time. 
Portugal
17 January 2023

Portugal house prices rising 13.1% YoY with demand outstripping supply
Year-on-year house prices increased, in the third quarter of 2022, by 6.8% in the euro zone and 7.4% in the European Union (EU), with Portugal recording an above-average increase (13.1%), Eurostat announced.
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