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Dear Helia,

Portugal is a country of choice for the Algarve Energy Park given the country's consistent and strong drive towards a sustainable and renewable energy production base. It has achieved a leading position in Europe and the World in this crucial sector, and is now also taking the lead in the rapid introduction of Electric Vehicles, and the development of wave energy technology, among others. This progressive approach, jointly with the outstanding natural conditions in the country and the very good quality of living, are increasingly making it a destination for innovation driven firms, in the energy and health sectors, among others.

This is reflected in the highly successful MIT Portugal program (MIT´s largest program in Europe, which due to its focus on bio engineering and sustainable energy systems we view as a strong academic participant to our initiative), as well as Nissan´s recent choice to locate its new Li-Ion plant in Portugal. These are just some of the factors that together have allowed Portugal to increase its ranking as a leading energy innovator, attracting capital, academics, and corporate interest.

We hope to further enable this trend, and possibly share the experience as a model for similar and synergistic activities to follow in other countries.