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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
Quinta Vigia serves as the seat of the Presidency of the Government of the Autonomous Region of Madeira. In the historic centre of Funchal, next to the Cathedral, stands the Building of the Regional Government of Madeira. This property was erected in the 17th century to house the Santa Casa da Misericórdia do Funchal and its hospital, having ...
In the 2023 regional election, the We Are Madeira coalition (PSD/CDS–PP) was again the most voted coalition, 43 percent, but failed to win an absolute majority. [6] After the elections, PSD and CDS–PP sought the parliamentary support from PAN, which guaranteed an absolute majority in the regional parliament.
The Legislative Assembly of Madeira is composed of deputies, elected by universal, direct and secret suffrage, by constituencies. According to the Electoral Law, the regional parliament has 47 deputies elected in a single regional constituency. Voters are Portuguese citizens registered in the voter registration of any municipality in the ...
The scheme began in 2012. [8] [9] By 2024, the country has received 7.3 billion euros of funds through the program.[10]In August 2019, according to SEF, Chinese investment in Portugal under the scheme was down during the first eight months of 2019, a decrease of 15.7 percent from the same period of 2018.
The President of the Regional Government of Madeira is the head of the devolved government of the Madeira archipelago, since the Carnation Revolution that established the current democratic regime in Portugal and granted political autonomy to the Portuguese islands.
The National Investment Bank (Portuguese: Banco Nacional de Investimento, abbreviated: BNI) is a Mozambican state owned development bank in association with the Mozambican Ministry of Finance. Its goal is to provide long-term financing for sustainable endeavours that contribute to the country's social and economic development.
São João da Madeira (Portuguese pronunciation: [sɐ̃w ʒuˈɐ̃w dɐ mɐˈðɐjɾɐ] ⓘ), is a city and a municipality in northwestern region of the Portuguese Norte region. It's part of the larger Porto Metropolitan Area , located 30 km from central Porto .