Portugal Emerging as a 'Golden Investment Destination'... Samjeong KPMG Seminar Held

Seminar Scheduled on the 10th for Domestic Companies
Emphasizing Portugal's Economic Growth and Investment Appeal
Introducing Investment Environment and Success Cases of Korean Companies

Samjong KPMG announced on the 4th that it will hold a 'Portugal Investment Strategy Seminar' for domestic companies on the 10th at the Grand Hyatt Seoul Hotel in Yongsan-gu, Seoul, in collaboration with the Portugal Investment Agency (AICEP).

Portugal recorded continuous economic achievements, with an average real economic growth rate of 1.5% in the first half of this year, significantly surpassing the Eurozone average of 0.4%. Portugal's Gross Domestic Product (GDP) is projected to grow by 2.3% and 2.2% in 2025 and 2026, respectively, exceeding the Eurozone average growth rates of 1.4% and 1.6% during the same period.

Portugal is the largest lithium producer in Europe and is leading the development of lithium mines for EV batteries. Additionally, it is recognized as a country with a high proportion of renewable energy, supplying 61% of its total electricity consumption from renewable sources. The seminar will introduce Portugal's investment environment as a gateway to Europe and showcase successful cases of Korean companies.

Lee Dong Kim, Head of the Financial Advisory Division at KPMG, emphasized, "Portugal is an ideal investment destination offering various opportunities for Korean companies, with a stable political and business environment and a high supply ratio of green energy such as solar and wind power."

Since 2011, Samjong KPMG has been operating the GKP (Global Korea Practice) to support the global expansion of domestic companies. Currently, through Korea Desks in 30 offices across 24 countries, it provides a wide range of global services including local subsidiary establishment and mergers and acquisitions (M&A).