A New Investment Opportunity 0 7 . 1 0 . 2 0 1 9 E x p o R e a l - - PowerPoint PPT Presentation

Porto. A New Investment Opportunity

0 7 . 1 0 . 2 0 1 9 E x p o R e a l , M u n i c h

Ricardo Valente Porto City Councilor for Economy, Tourism and Commerce

Porto Macro View

P O R T O ’ S K E Y E C O N O M I C I N D I C A T O R S

Source: INE, PORDATA, EY

€30.7 B

GDP

Metropolitan Area (nominal, 2017)

€17,877

GDP Per Capita

Metropolitan Area (nominal, 2017)

4.5%

GDP growth

Metropolitan Area (nominal, 2017)

17%

growth in the number of companies established

Metropolitan Area (2018 vs. 2015)

11.4%

average yearly growth rate of FDI

Northern Portugal (2013 - 2018)

#1

region in Portugal with the most FDI - jobs created

Northern Portugal (2018)

1.7 M

Population

Metropolitan Area (2018)

3rd

fastest growing tech hub in Europe

(Atomico 2018)

BEST START-UP FRIENDLY CITY OF EUROPE ·

World ExcellenceAward 2018

3rd BEST CITY TO INVEST IN SOUTHERN EUROPE ·

fDi Intelligence 2014/15

8th MEDIUM-SIZED EUROPEAN CITY IN FDI STRATEGY ·

fDi Intelligence 2018/19

P O R T O ’ S K E Y A W A R D S

PROJECT WINS & INCENTIVES ·

fDi Intelligence 2018

I N V E S T M E N T P R O J E C T S S U P P O R T E D

31 36 67 65 78 143 79 129 208 98 156 254 National International Total 2016 2017 2018

• Sep. 2019

330

supported projects

333%

international project growth

2016 – Sep. 2019 accumulated 2016 – Sep. 2019 (2016 – Sep. 2019)

I N V E S T M E N T P R O J E C T S S U P P O R T E D B Y C O U N T R Y

40% Portugal 11% France 7% Germany 6% USA 16% Others 3% Brazil 3% Spain 2% Israel 2% Switzerland 2% Belgium 8% UK

(2016 – Sep. 2019)

+30

countries

60%

international projects TOP 6

Foreign Investment

France UK Germany USA Brazil Spain

I N V E S T M E N T P R O J E C T S S U P P O R T E D B Y S E C T O R

(2016 – Sep. 2019)

30% ICT 23% Real Estate 9% Shared Services Centre 8% T

• urism

4% Energy, Environment and Mobility 19% Others 3% Health and life sciences 4% Consulting

+80%

Services

30%

ICT

38,000+

graduates per year in Porto’s Macro-Region*

175,000

students enrolled in higher education institutions in Porto’s Macro-Region*

23,000+

foreign students per year in Porto’s Macro-Region*

5th country in the world

in language skills

Source: DGEEC (2019), IMD (2018) * Northern Region plus a part of the Center Region (comprising Aveiro, Coimbra and Viseu districts)

H I G H L Y Q U A L I F I E D & M U L T I L I N G U A L

2nd country in Europe

with the highest rate of engineering graduates

8th country in the world

in skilled labour

27%

• f the population in Porto has a

higher education degree

43%

• f the population in Porto has a

secondary education degree

72% of Portuguese

population (18-64 years old) speak at least 1 foreign language

v

Architecture

PRITZKER PRIZE AWARD-WINNERS 2 times

Historic Centre – Alto Douro Wine Region

UNESCO WORLD HERITAGE

Alfândega Congress Centre

BEST MEETINGS AND CONFERENCE CENTRE IN EUROPE AWARD 2014 . 2015. 2017

Gastronomy & Nightlife

Source: Business Destinations Travel Awards; European ConsumersChoice; ANA

E U R O P E A N B E S T D E S T I N A T I O N

Source: INE (2019)

P O R T O A I R P O R T P A S S E N G E R S

YoY growth: 10.5%

6,9 8,1 9,4 10,8 11,9 7,4

2014 2015 2016 2017 2018 2019 (Jan-Jul)

(millions)

Source: INE

N O R T H E R N P O R T U G A L T O U R I S T S & O V E R N I G H T S T A Y

5,4 6,1 6,9 7,5 7,9 5,8 3,0 3,4 3,8 4,1 4,3 3,2 2014 2015 2016 2017 2018 2019 (Jan-Jul) Overnight stay (millions) Tourists/guests (millions)

YoY growth 10.3% (overnight stay) 10.2% (tourists)

Source: INE

P O R T O H O T E L R E V P A R

0 € 20 € 40 € 60 € 80 € 100 € 120 € Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 2018 2019

P O R T O H O T E L A V A I L A B I L I T Y

Source: Registo Nacional do Turismo

P O R T O H O T E L A V A I L A B I L I T Y

Source: Registo Nacional do Turismo (June 2019)

Category Units Capacity/beds Units Capacity/beds 5-star hotel 11 3189 10 1620 4-star hotel 34 5758 29 2913 3-star hotel 23 2632 10 856 2-star hotel 26 1596 3 236 1-star hotel 3 124 5 152 Hotel without classification 6 60 Other hotel establishments 9 482 12 721 TOTAL 106 13781 75 6558 Existing New (licensed/being licensed)

Source: Cushman & Wakefield (2019)

P O R T O U R B A N R E G E N E R A T I O N / R E A L E S T A T E I N D I C A T O R S

900,000 m2

awaiting approval

in Greater Porto Area (end Q1 2018)

1,000,000 m2

• f area licensed

in Greater Porto Area (2014 - Q1 2018)

24%

growth in real estate investment

in the historical centre of Porto (2018)

147 M€

real estate investment

in the historical centre of Porto (2018)

P O R T O ’ S U R B A N R E H A B I L I T A T I O N A R E A S ( A R U ) & E X P A N S I O N A R E A S

Expansion Area ARU