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China
13 May 2020

Portuguese Port of Sines delays new EUR 600 million terminal project for 1 year 

The bid for the construction of the new Vasco da Gama terminal at Portugal´s Port of Sines has been delayed until April 2021, according to the administration. In the meantime, Sines is moving ahead with the expansion of the existing terminal, operated by PSA Singapore, and wants to created an agro-industry hub for agricultural companies from Brazil. 
Cabo Verde
11 May 2020

Business Opportunities: Cabo Verde

Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and municipalities.
Cabo Verde
03 May 2020

Business Opportunities: Cabo Verde

Tenders are open for new infrastructure projects in Cabo Verde, both by the Government and foreign cooperation agencies.
Portugal
29 April 2020

South Korean Pension Fund NPS in EUR 2.4 billion Investment in Portuguese Road Concessionaire

Chinese construction companies were reportedly among potential buyers of Brisa, Portugal's main road concessionaire, but it was a grouping of three institutional investors that made the deal. Among the new shareholders is NPS, the national pension service of  South Korea.
China
28 April 2020

Portuguese and Chinese Builders Win €636 million Contract in Mexico

The Portuguese group has also won a USD 365 million project in Mozambique, related to the natural gas industry infrastructures. 
Angola
27 April 2020

Business Opportunities: Angola

The Angolan Government is progressing with privatizations in multiple fronts, including subsidiaries of the national oil company, Sonangol, and 13 industrial units in the Luanda-Bengo Special Economic Zone (SEZ).
Brazil
21 April 2020

State-Supported Bailout of Portuguese Airline TAP Could Have Chinese Funding

The Portuguese Government considers nationalising the company, where it already has half of the capital, but its private shareholders are pushing for a cash infusion, from a financial consortium which could have Chinese capital.
China
15 April 2020

COVID-19 Postpones Delivery of Airport Built by China in Mozambique

Chongoene airport, to be built in Gaza province, southern Mozambique, by China Aviation International Construction and Investment Co Ltd , is expected to be completed six months later than planned.
China
07 April 2020

Beijing Capital Airlines resumes flights to Lisbon

The Beijing-Lisbon flight by Beijing Capital Airlines (BCA), had support from the Portuguese and Chinese governments, but lasted a little over a year, until October 2018, due to BCA's parent companies financial difficulties. Despite turmoil in the aviation industry, it is now set to resume.
Brazil
26 March 2020

Vale group removes Brazilian workers from Mozambique

As the Covid-19 pandemic reaches Mozambique, Vale decides to repatriate expatriates working at its Moatize coal mine, one of Mozambique's major exporters.
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