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Politics

PR authorizes spending on marketing services to attract investors

President João Lourenço authorized expenses for the contracting of marketing services in order to accelerate the capture of foreign private investment, according to a presidential order.

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The order, published on Wednesday in the Diário da República, does not indicate values, granting authorization to open a “simplified hiring procedure by material criteria” with the aim of contracting marketing services aimed at “accelerating the capture of foreign private investment. and identification of investors ”.

Direct contracting is justified by the need to adopt “a speedy procedure, given the urgency and impossibility of completing the formalities provided for” in public procurement.

The procedure, award and conclusion of the contract will be the responsibility of the President of the Private Investment and Export Promotion Agency.

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