Key Competitive Attractions
The Algarve region has a population of over 450,000 people and is divided into 16 municipalities. The region’s administrative centre is the city of Faro, home to Faro International and the University of the Algarve.
Tourism and related industries are the backbone of the Algarve economy, being Portugal’s most popular tourist destination, but other key industries include seafood and fruit production, and construction materials.
Globalgarve was created to promote development projects of strategic value for the region’s economy, with shareholders including various municipalities and regional and national scale companies.
Mission:
"To mobilise inter-institutional interests by promoting initiatives and undertaking structuring, innovative projects in partnership with the widest range of regional bodies”
Key sectors:
- Food and Drink Production
- Construction
- Tourism






