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China is the fourth-largest investor in Portugal
Release time:2023-05-11
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China has been the fourth largest direct foreign investor in Portugal for several years, holding a global position valued at €11.2 billion at the end of 2022, according to the Bank of Portugal (BdP).

Whether through state entities or through Fosun, a private group, China is present in several strategic Portuguese companies, many of which are listed on the stock exchange, such as BCP, EDP, EDP Renováveis, REN, Mota-Engil, Martifer, Inapa, Reditus, among others.

One of the most emblematic and lucrative investments is in EDP. The state-owned energy company, China Three Gorges (CTG), joined EDP in 2012 and bought more than 20% of the Portuguese electricity company.

Fosun, a holding company listed in Hong Kong, part of one of the most renowned Chinese private investment groups, is Fidelidade’s majority shareholder. The holding is also a reference shareholder of Grupo Luz Saúde, which has several private hospitals operating in Portugal.

(Source: Dinheiro Vivo)