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UK and Portugal Partnering for infrastructure Projects
1.
Portugal’s dependence on
external energy suppliers, renewable energy, and interconnection play a key role in the Portuguese economy. Main players are EDP (power utility) and REN (national grid). EDP’s strategic plan 2012-2015 foresees a total investment of €6 bn. Main projects include hydro (2.1GW by 2015) and renewables, with a focus on offshore wind (WindFloat). REN´s investment plan foresees €1.6 bn until 2016 focusing on better quality in the supply of electricity (€800 million); integration of renewables in the national and Iberian network (€450 million) and Interconnection with Europe (€150 million). Portugal has one of the most advanced telecommunication infrastructure in Europe, with a national broadband coverage very close to 100%. The market is very competitive, witnessing a large concentration of players with major mergers, both domestically and in the international context, with the Oi/ Portugal Telecom deal. Portugal has one of the highest rates in the EU in terms of investment in the sector. In the next 5 years the main players plan to invest around €2 bn in infrastructure, network development and service offering. Investment needs in transport infrastructure were assessed by a Working Group for High Added Value Infrastructure, who identified 30 projects as priorities until 2020 (with a focus on rail and ports). The Portuguese Government converted it in a more ambitious plan by increasing the number of projects to 59 and total investment up to €6 bn. Despite considering EU funding and some public investment, Government has been emphasising that private investment is crucial for the plan to succeed. UK and Portugal Partnering for Infrastructure Projects This event will address infrastructure developments in Portugal and in the UK, where companies from both countries can explore the potential for partnerships to deliver projects in both markets (and others, such as the Portuguese speaking Angola, Mozambique, and Brazil, where Portuguese players have been particularly active). Lisbon, Portugal, 14 October 2014 Three panels will showcase projects and supply chain opportunities in the Energy, Telecommunications and Transport industries. Energy Telecommunications Transports © Punchstock © Punchstock
2.
UK delegation British
companies are invited to join the delegation travelling to Lisbon and have a series of bilateral meetings with potential partners with whom they can pursue business in Portugal, Portuguese speaking countries, and other markets where local players have been delivering projects. Programme Monday, 13 October 2014 Arrival in Lisbon Networking dinner with Portuguese key contacts, hosted by Lord Livingston, Minister of State for Trade and Investment, and Kirsty Hayes, HM Ambassador Tuesday, 14 October 2014 UK and Portugal – Partnering for Infrastructure Projects am Opening by Kirsty Hayes, HM Ambassador Key note speeches by: - Lord Livingston, Minister of State for Trade and Investment - Sérgio Monteiro, Secretary of State for Public Works, Transports, and Communications - Geoffrey Spence, Infrastructure UK Discussion panels covering projects and supply chain opportunities for the Energy, Telecommunications and Transport industries. pm Bilateral meetings between British and Portuguese companies How to sign up Please note the deadline for registration is 12 September 2014 To join the British delegation and attend this event, your company will be required to commission an OMIS – Overseas Market Introduction Service, details of which can be found at www.gov.uk/ukti OMIS costs £420 (exc. VAT) and includes: • Special accommodation rates • Networking dinner on 13 October • Tailored meeting programme with potential Portuguese partners and customers organised by UKTI Lisbon You will be responsible for your travel costs. UKTI Lisbon will liaise with you to arrange accommodation and a visiting programme according to your travel plans and specific objectives of your visit. For further information and to register your interest please contact: Sofia Carvalhais E: sofia.carvalhais@mobile.ukti.gov.uk T: +351 21 392 4062 Zélia Henriques E: zelia.henriques@mobile.ukti.gov.uk T: +351 21 392 4067 © Punchstock
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