Porto has secured the global headquarters of The Ocean Race until 2040 and will host race starts for the 2030, 2034, and 2038 round-the-world editions, plus a special race in 2028. The deal involves an initial investment of 24 million euros, includes the creation of a new museum on the city's waterfront, and relocates the organization's base from Alicante to the Edifício Kasa near Parque da Cidade.
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The British-Portuguese Chamber of Commerce (BPCC) is hosting a members-only site visit to the Savannah Resources lithium project in Boticas on October 27. The event includes a site tour and presentation on the project's role in the European lithium supply chain.
Católica Lisbon Forecasting Lab (NECEP) projects Portugal's GDP to grow by 2.2% in 2026 and 1.5% in 2027. Annual inflation is forecast to hit 3% this year before cooling to 2.4% next year, while the unemployment rate is expected to reach 5.7% for the year.
The government launched a 30-million-euro funding program to upgrade wastewater treatment plants (ETARs) to produce water for reuse (ApR). The scheme offers up to 85% co-financing for municipalities, state and local business sectors, and utility companies across mainland Portugal, with application windows open until May 20, 2027, and September 20, 2027.