Thinking beyond just Portugal – Abreu Advogados

Portugal has a long history of international trade, which has been particularly pertinent following the EU bailout, says Miguel Castro Pereira, Managing Partner of Abreu Advogados.

This bailout has forced Portugal to sell stakes in state assets, generating great interest from new sources, he adds. “The privatisation programme attracted investors from places such as Brazil, Colombia, Spain and the UK to buy shares in national energy, telecoms and infrastructure assets.”    
But the headline investors in Portugal, at present, have been from China, says Castro Pereira. For example, Three Gorges and the State Grid International of China’s recent purchase of stakes in EDP and REN-Redes Energeticas Nacionais respectively.  “There is also a strong trend for Chinese investment in Angola and Mozambique,” he adds.
Macao is the predominant base through which China is promoting this investment, and it is acting as a ‘gateway’ to the Portuguese-speaking markets, says Castro Pereira. Having an influence in Macao, therefore, somewhere few Portuguese firms have looked at, is proving helpful. “Since earlier this year, we have been working in partnership with local law firm C&C Advogados,” he explains, “mainly providing assistance to these Chinese investors into Portugal and Portuguese-speaking countries”.
But the expectation is that this international angle could bring opportunities for Portuguese business investment into mainland China’s domestic market. “As Portugal is facing a shortage of cash flow and the internal investment has stopped,” says Castro Pereira, “trade with Asia is becoming increasingly important”.
As their clients are taking full advantage of the Macao bridge between Asia and Portuguese-speaking countries, law firms will need to ensure they have a presence there to be a part of this new investment trend.

Thinking beyond just Portugal – Abreu Advogados


Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram