Companies in artificial intelligence, pharmacology, biotechnology and tourism have shown interest in investing in Madeira, and some investors have already arranged visits to the Region. The interest was highlighted by the Regional Secretary for the Economy after a five-day mission to Macau, Hong Kong and the rapidly developing Hengqin area in China. During the trip, José Manuel Rodrigues met with dozens of investors and business leaders and said Madeira is attractive to Chinese capital looking for access to the European market. He added that the Region can act as a platform for Chinese investment in Europe because of its strategic location and investor-friendly conditions. Through Invest Madeira, three memorandums of understanding were signed to deepen cooperation with Chinese entities and reinforce economic links with regions in the Guangdong-Hong Kong-Macao Greater Bay Area. Rodrigues also pointed to Madeira’s political and social stability, public safety, tax framework and quality of life, saying these factors make the Region especially appealing for advanced technology investment. He noted that China is already Portugal’s largest non-European trading partner and urged Madeiran businesses to explore niche opportunities in Macau and Hong Kong, including Madeira Wine.
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