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Santa Cruz da Graciosa ,  February 26, 2019

Strong adherence to Competir + already represents 475 million Euros of investment, announces Vasco Cordeiro

The President of the Government highlighted today the strong adherence of Azorean entrepreneurs to the Competir + incentive system, announcing that almost 1,100 applications have already submitted. They represent an overall investment of nearly 475 million Euros and the creation of more than 2,000 jobs.
 
"These figures evidence this massive adherence of regional companies to Competir +," said Vasco Cordeiro. He spoke after visiting the company Organizações Melo, which benefited from this private investment incentive system for the installation of a new supermarket on Graciosa Island.
 
"The visit to this project was intended to demonstrate that when we talk about submitted applications and implemented investment projects, we are talking about specific cases of entrepreneurs in our Region for whom incentive systems have made a difference," said the President of the Government.
 
Vasco Cordeiro spoke to journalists on the first day of the statutory visit to Graciosa, pointing out that these public instruments designed to support private investment contribute to the creation of conditions to meet the specific needs of the Azoreans.
 
Competir + is the main tool provided under the incentive policy for private investment. It is intended to promote the sustainable development of the regional economy, strengthen the competitiveness of Azorean companies and promote the expansion of exports.


GaCS/PC
 
 
 
 
 
   
 

Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

 
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