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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.
The Legislative Assembly of Madeira (Portuguese: Assembleia Legislativa da Madeira) is the legislature of the Portuguese autonomous region of Madeira. The last regional election was held on 26 May 2024, won by the Social Democratic Party (PSD) with 49,104 votes (36.13% share).
Electricity on Madeira is provided solely through EEM (Empresa de Electricidade da Madeira, SA, which holds a monopoly for the provision of electrical supply on the autonomous region) and consists largely of fossil fuels, but with a significant supply of seasonal hydroelectricity from the levada system, wind power and a small amount of solar.
Funchal (Portuguese pronunciation: ⓘ) is the capital, largest city and a municipality in Portugal's Autonomous Region of Madeira, bordered by the Atlantic Ocean.The city has a population of 105,795, [1] making it the sixth largest city in Portugal.
The Via Rápida 1 or VR1 (Fast Road 1 in English) is the first motorway in Madeira. Since April 2017, there is another motorway in the island called VR2. Construction started in 1989 [1] completed in 2005. [2] With 44 km it goes from Ribeira Brava to Porto do Caniçal, providing a fast connection between Funchal and the Madeira International ...
Madeira airport as seen in 1990, pre-runway extension. Madeira Airport was officially opened on 7 July 1964, with a single 1,600 m (5,200 ft) runway (06/24). The first flight to land there was a TAP Air Portugal Lockheed Constellation with 80 passengers on board. [11]
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 .
The president of the Legislative Assembly of Madeira is the speaker of the regional parliament of this autonomous region of Portugal.. The position was created in 1976 after the newly enacted Constitution of Portugal, which followed the 1974 Revolution, granted legislative autonomy to the Azores and Madeira archipelagoes, thus establishing the Portuguese Autonomous Regions and the respective ...