According to Savills’ Nearshoring Index 2024, which analyse a set of key manufacturing locations with a view on resilience, economic cost, business environment and ESG, Portugal is the leading country in the EMEA region.
Against a backdrop of transportation bottlenecks, geopolitical tensions and ambitious sustainability targets, the logistical shocks from Covid-19 made businesses rethink their global supply chains.
Nearshoring emerged as one of the solutions – the Savills and Tritax EuroBox 2023 European Real Estate Logistics Census found that occupiers highlighted a “reduction in reliance on foreign imports” and a “shortening of supply chains” as the top two changes planned for the next two years.
