The Major Potential of Nearshoring

The growing importance of Nearshoring, which means localisation by Multinational Corporations (MNC's) of functions and activities in locations close to large developed markets / regions, is a trend that Lisboa should capitalise upon, in function of its geo-strategic position and its competitive advantages in terms of skilled human recourses.

To this effect, the Lisboa region has been able to attract research centres and skills centres of multinational companies (e.g. Nokia Siemens Networks, Cisco Systems, SAP, Xerox and others). Activities of this type also include the so-called Shared Service Centres  (SSC) mentioned above. The city of Lisboa has all the necessary pre-requisites to assume leadership of this movement as a magnet and organising force of investments, companies and talent at a metropolitan and regional scale.