These countries would find Portugal a tolerant and open-to-business country which welcomes companies from Europe and the rest of the world.

They would also find a competitive atmosphere in terms of costs, the quality of technological infrastructures and workers.

Referring to the economic and financial situation in the country, Mr Castro said that the stability that Portugal presents both financially and politically, makes it a more appealing country to invest in.

Car manufacturers such as Mercedes and Volkswagen are hoping to make major investments in Portugal, he added.

In the next few days Mr Castro has several meetings scheduled with investors from all over the world, some of whom have asked to meet with the minister.