Special Funding for investments in Tourism

On 5th June 2007 the Portuguese government signed a protocol with 15 banks for an opening of a credit of 120 million Euros, appointed to the support of feasible tourism related projects which fulfil the objectives of the National Strategic Tourism Plan (PENT).

These Protocols are covering projects of the hotel sector, restaurants, touristic animation and golf which will benefit of lower interests rates and a maximum spread of 2,25%, but obliging investors of a contribution of a minimum of 25% of the capital.

The investments which location is in the Poles for Tourist Development –Alentejo Coast, Porto Santo, Azores, Douro Valley, West, Alqueva (Alentejo) and Serra da Estrela – will have priority. They will be financed with 75% up to a limit of eight million Euros. Projects in the rest of the country will also be supported with 75%, but they will have a maximum contribution of six million Euros.

Download "Plano Estratégico Nacional do Turismo" (in portuguese). (PDF document, 3.29 MBytes)

05.06.2007