According to The Portugal News, a delegation from Wesgro paid a visit to Portugal from 29 July to 01 August 2024.
Wesgro is the official tourism, trade and investment promotion agency for Cape Town and the Western Cape. The organisation assists investors and businesses looking to branch out into the Province.
The main aim of the visit was for Wesgro to engage and collaborate on possible opportunities for tourism, trade and investment between Portugal and Cape Town, as well as learning more about Portugal’s climate strategy, water resilience and green hydrogen strategies and initiatives.
They met with Portuguese companies and other trade and investment stakeholders in Portugal, including CCILSA, the MCA Group, Turismo Portugal, visited the Port of Sines, Agência Nacional de Inovação, Portugal Ventures and AICEP.
The visit was planned with assistance from AICEP, the Portuguese Trade & Investment Agency, and the South African Embassy.
In a significant move to bolster trade relations between the Western Cape and Portugal, Wesgro, the official tourism, trade, and investment promotion agency for Cape Town and the Western Cape, has signed a memorandum of understanding (MOU) with Agência para o Investimento e Comércio Externo de Portugal (AICEP), the Portuguese government agency responsible for attracting investment and promoting export growth.
The MOU aims to develop trade and economic relations between Cape Town, the Western Cape, and Portugal by promoting projects in sectors of mutual interest. These include agricultural production, renewable energy, professional services, biotechnology, the medical-pharmaceutical industry, information and communications technology, logistics, and water and sanitation. This cooperation could manifest in joint efforts to organise exhibitions, buyer-seller meets, symposiums, seminars, workshops, and product sample displays.
"Portugal and South Africa enjoy cordial relations, and this MOU represents a significant step forward in deepening our economic ties," said Wrenelle Stander, CEO of Wesgro. "The Western Cape is open for business. This agreement with AICEP is crucial for attracting, facilitating, and supporting foreign direct investment (FDI) into our province while expanding our presence in international markets. Strong, mutually beneficial partnerships are essential for leveraging opportunities to accelerate economic growth and create much-needed jobs," she added.
Wesgro is the official tourism, trade and investment promotion agency for Cape Town and the Western Cape. The organisation assists investors and businesses looking to branch out into the Province.
The main aim of the visit was for Wesgro to engage and collaborate on possible opportunities for tourism, trade and investment between Portugal and Cape Town, as well as learning more about Portugal’s climate strategy, water resilience and green hydrogen strategies and initiatives.
They met with Portuguese companies and other trade and investment stakeholders in Portugal, including CCILSA, the MCA Group, Turismo Portugal, visited the Port of Sines, Agência Nacional de Inovação, Portugal Ventures and AICEP.
The visit was planned with assistance from AICEP, the Portuguese Trade & Investment Agency, and the South African Embassy.
In a significant move to bolster trade relations between the Western Cape and Portugal, Wesgro, the official tourism, trade, and investment promotion agency for Cape Town and the Western Cape, has signed a memorandum of understanding (MOU) with Agência para o Investimento e Comércio Externo de Portugal (AICEP), the Portuguese government agency responsible for attracting investment and promoting export growth.
The MOU aims to develop trade and economic relations between Cape Town, the Western Cape, and Portugal by promoting projects in sectors of mutual interest. These include agricultural production, renewable energy, professional services, biotechnology, the medical-pharmaceutical industry, information and communications technology, logistics, and water and sanitation. This cooperation could manifest in joint efforts to organise exhibitions, buyer-seller meets, symposiums, seminars, workshops, and product sample displays.
"Portugal and South Africa enjoy cordial relations, and this MOU represents a significant step forward in deepening our economic ties," said Wrenelle Stander, CEO of Wesgro. "The Western Cape is open for business. This agreement with AICEP is crucial for attracting, facilitating, and supporting foreign direct investment (FDI) into our province while expanding our presence in international markets. Strong, mutually beneficial partnerships are essential for leveraging opportunities to accelerate economic growth and create much-needed jobs," she added.
