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10 March 2025in ECO Jorge Chang comments on Chinese investment in Portugal

As part of an article on Chinese investment in Portugal, the economic newspaper ECO spoke to Jorge Chang, a partner at Melo Alves, responsible for the Asian Desk and with vast experience in advising Portuguese and Asian investors.

Jorge Chang said that ‘Chinese investment in Portugal increased by 34 per cent from 2022 to 2023’ and that ‘over the last 20 years, it has exceeded 3.6 billion euros’.

As well as the more high-profile investments, ‘which are state-owned and in the national interest’, there are others that are ‘less talked about and which are also operating here’, such as the China Railway Rolling Stock Corp (CRRC) Tangshan, which manufactured the new trains for the Metro do Porto, emphasises Jorge Chang.

Jorge also highlighted the agreement between Salvador Caetano and BYD, which allows the distribution of the Chinese brand's cars in Portugal.

In the private sector, there is also strong interest in civil construction, since large Chinese companies have partnerships with Mota-Engil and Teixeira Duarte and want to continue developing projects.

The motto for this article was the recent announcement of Chinese investment in Portugal through the state-owned company CALB. According to the Minister for the Economy, the Chinese company's investment in Portugal has led several of CALB's suppliers to consider investing in the country.

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