Expert Voice

Portuguese Expert Voice ‒ Fall 2025

by Rui Trigo de Morais, Triconsulte

ABOUT THE AUTHOR

Rui Trigo de Morais

Triconsulte

Rui Trigo de Morais is the managing partner of TriConsulte, where he leads advisory work in economic policy, financial analysis, and corporate strategy. With over 20 years of experience, he has advised governments, development partners, and private firms on public finance, institutional reform, and business planning. A former Fulbright scholar, he holds an MBA from the University of Cambridge and a background in economics. He teaches at Porto Business School and has been involved in several entrepreneurial ventures, with a particular focus on corporate valuations and strategic advisory.

“Portugal’s construction boom accelerates: €23.7 billion sector growth set to transform the nation’s infrastructure by 2025.”

Portugal’s construction sector is entering a period of substantial expansion, with the industry projected to contribute approximately €23.7 billion to the national economy in 2025 through growth rates of 2-5%. Portugal’s construction industry is indirectly benefiting from the €2.9 billion disbursed under the national Recovery and Resilience Plan (PRR), which supports a broad range of public investment projects, including infrastructure and housing.
The transformation is particularly evident in emerging sectors where logistics and hospitality developments are reshaping the national landscape, driven by e-commerce expansion and tourism recovery. Investor demand for sustainable and energy-efficient assets is rising sharply, with most new office developments in Lisbon and Porto now integrating ESG or green-building standards such as LEED and BREEAM. Looking ahead to 2027, Hotel development pipelines suggest a moderate expansion of capacity by 2027, driven by projects under Portugal’s tourism recovery and the diversification of regional destinations.

Receive the full picture and the latest outlook to 2028 at our 100th EUROCONSTRUCT Jubilee Conference.

100th EUROCONSTRUCT-Conference
24 & 25 November 2025
Les Salons Hoche Paris, France

European construction market forecasts towards 2028
Reinventing the construction industry

For any questions regarding the 100th EC-Conference please contact BDOAdvisory.euroconstruct100@bdo.fr

ABOUT THE AUTHOR

Rui Trigo de Morais

Triconsulte

Rui Trigo de Morais is the managing partner of TriConsulte, where he leads advisory work in economic policy, financial analysis, and corporate strategy. With over 20 years of experience, he has advised governments, development partners, and private firms on public finance, institutional reform, and business planning. A former Fulbright scholar, he holds an MBA from the University of Cambridge and a background in economics. He teaches at Porto Business School and has been involved in several entrepreneurial ventures, with a particular focus on corporate valuations and strategic advisory.

LATEST EXPERT VOICES