Tourism companies receive 2.5 thousand ME by the end of the year – Secretary of State

Tourism companies receive 2.5 thousand ME by the end of the year - Secretary of State


The Secretary of State for Tourism said today that of the 22 billion euros made available to support the maintenance of employment and capacity of companies until the end of the year, 2.5 billion are directed to the tourism sector.

Rita Marques was speaking to the deputies of the Commission for Economy, Innovation, Public Works and Housing, in the Assembly of the Republic, at a hearing at the request of the CDS-PP, when she explained that, purging tax and banking moratoriums, the 22 billion euros made available to companies until December 31st, they reach 12 billion euros and, of these, “2.5 billion euros are directed to the tourism sector”.

Those values ​​are part of the set of instruments created by the Government to support the maintenance of jobs and the productive capacity of companies.

The Secretary of State for Tourism also said that the support line for the Treasury of Turismo de Portugal has already approved 55.6 million euros.

Regarding the Apoiar.pt program, which has already received 36,944 applications, 46% of which are associated with the tourism sector, has already approved financing in the amount of around 100 million euros, of which 43 million have already been paid.

“As of yesterday [terça-feira], we had about 7,600 applications whose acceptance terms are already signed, with payments made of 43 million euros ”, said Rita Marques.

For the future, the minister said that a recovery plan is being prepared, which will be based on five pillars: investment (reinforcing investment confidence and identifying points of connection with companies), knowledge, territory (initiatives that focus on territorial cohesion ), connectivity (increasing the competitiveness of air transport) and promotion.

Until September 2020, companies in the tourism sector suffered a 7.7 billion euro turnover drop, which represents a 56% decrease in revenues, and means a 10-year drop, underlined Rita Marques.

Regarding employment, he continued, in the third quarter of 2020 there were 285 thousand jobs associated with tourism, representing a decrease of 14.8% and a decrease of 49.3 thousand workers in the sector.

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