Portugal Pushes Economic Growth with Business Leaders' Vision and €1M IoT Investment

José Manuel Fernandes, president of the General Council of the Associação Empresarial de Portugal (AEP), says Portugal’s foremost challenge is reducing poverty and creating lasting economic growth. He calls for a comprehensive reform of public policy, less bureaucracy, and stronger trust between government and business, emphasizing internationalisation as essential for a small market.

Wireless Logic, a global IoT connectivity provider, announced a €1 million investment in Portugal through 2027 to expand smart‑city infrastructure. The company will offer a single SIM/eSIM platform that works across the three national mobile operators, enabling municipalities and firms to deploy smart lockers, water and energy meters, vending machines, EV chargers and health‑monitoring devices without managing multiple contracts.