Google: Portugal attractive for more investment

By Essential Business  In CompaniesNews

Google Portugal Director, Bernardo Correia says that Portugal has a “very healthy environment” from a regulatory point of view, and adds that the government’s initiative to create corridors for the installation of pre-licensed undersea cables is “positive”.

Negócios reports that one month after the announcement of the installation of a new system of submarine cables in Portugal, Nuvem* (*See the US ambassador’s comments on the project in the featured article on the US-EU Business Summit below) with Google not ruling out the possibility of more investment of the type.
“We see Portugal as a very attractive country for potential future investments”, said Berardo Correia, director of Google Portugal when asked if new submarine cables were to be expected.
He said that Portugal had a very healthy environment from the regulatory point of view and sees the government’s creation of corridors to lay pre-licensed submarine cables as positive, adding that anything that the government can do to help companies like Google and that will “accelerate investment capacity in the country, is always welcome”.

Leave a Comment