Portugal has announced a four–year €4.5 billion investment plan to develop ‘intelligent’ industry and promote companies’ technology growth. The so-called ‘Revolution 4.0’ program will span both the public and private sectors. Some 50,000 companies will be affected by sixty or so measures ranging from digital training to technology competence and innovation. The government has added the service sector to this strategic plan, including commerce and tourism.
Launched at the end of January, Portugal’s strategic plan takes up the term that Germany employed in 2012 for developing the information and communication technology (ICT) sector. Portugal’s plan intends to allocate €4.5 billion over four years.
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