TBY Inks First Portuguese MoU

Ay≈üe Hazƒ±r Valentin, CEO of The Business Year, and António Saraiva, CEO of CIP.

Lisbon, March 26, 2018—Representatives from TBY and The Confederation of Portuguese Businesses (CIP) recently signed a Memorandum of Understanding (MoU) that will help further the annual in-depth research that The Business Year is currently conducting on the Portuguese economy.

The MOU signing ceremony, which took place last Wednesday, March 21, was led by António Saraiva, the CEO of CIP, and Ay≈üe Hazƒ±r Valentin, CEO of The Business Year. This marks the first collaboration between the two organizations.

Saraiva commented on his enthusiasm to be the partner for TBY for the first edition of The Business Year in Portugal. Ay≈üe Valentin noted that, “Portugal is currently one of the most attractive investment destinations in Europe and presents excellent opportunities for business and FDI in numerous dynamic sectors such as: tourism, real estate development, high-tech manufacturing, financial services, as well as the burgeoning digital economy. Portugal’s brand is rapidly evolving as investors increasingly become aware of the quality and availability of world-class infrastructure, international accessibility, competitive labor costs, and high quality of life.”

CIP will provide valuable input and editorial guidance on the most important topics to be covered in order to ensure the most accurate information and analysis that will help showcase Portugal’s excellent potential as a business destination. In addition to being a core member of the EU with a talented and multilingual workforce, Portugal is also the gateway to the Portuguese-speaking world with strong links to economies such as Angola, Mozambique, Brazil, among others.

As part of the aforementioned MOU TBY and CIP will organize a roundtable discussion with some of the most prominent figures from Portugal’s business and investment community.

About Confederation of Portuguese Business

CIP is the most representative business confederation in Portugal, actively representing the interests of Portuguese companies in Portugal and abroad. For over 40 years CIP has contributed to the process of building a free, transparent, and competitive economic model. Today CIP represents over 114,000 companies of all sizes and sectors, through both sectorial and regional associations, as well as all Chambers of Commerce and Industry of Portugal. It has earned a reputation as a catalyst for change, contributing to progress and innovation in the Portuguese economy and private initiative by fostering dialog as a means of promoting social and economic cohesion.