Local Businesses
Madeira's economy is supported by tourism, agriculture, and international business services, including offshore finance and information technology. Family-owned vineyards in Estreito de Câmara de Lobos and São Vicente produce Madeira wine, while banana plantations in Ponta do Sol and Ribeira Brava contribute to the island's agricultura! exports. Handicraft cooperatives in Santana and Machico preserve traditional skills in embroidery and wickerwork, promoting Madeira's cultural heritage and economic sustainability.
Vista Alegre
Ach Brito Soaps
Andorinha Olive Oil
Ferreira Port Wine
Business Opportunities
The region offers opportunities for investment in eco-tourism, agribusiness, and sustainable development
projects. lnitiatives promoting organic farming practices and rural tourism enhance Madeira's appeal as a
destination for cultural and nature-based experiences. Strategic partnerships with local producers and
cooperatives support economic growth and innovation, ensuring Madeira remains a hub for traditional
industries and emerging markets.
AEP
CEIIA
IPP
UPTEC
Economic lmpact
The economy of Madeira, traditionally reliant on sectors like tourism, agriculture, and regional services, has
seen various influences over recent years. Tourism remains a cornerstone, with Madeira attracting visitors for
its natural beauty and cultural heritage. The agricultura! sector. known for its exports such as bananas, sugar
cane, and wine, contributes significantly to the economy.
Additionally, the region benefits from EU funding aimed at infrastructure development and economic diversification. Madeira's economy is also bolstered by its status as an lnternational Business Centre, attracting foreign investment through advantageous tax incentives. Overall, while facing challenges like global economic fluctuations and market demands, Madeira continues to leverage its natural and strategic advantages to sustain economic growth and development.
Additionally, the region benefits from EU funding aimed at infrastructure development and economic diversification. Madeira's economy is also bolstered by its status as an lnternational Business Centre, attracting foreign investment through advantageous tax incentives. Overall, while facing challenges like global economic fluctuations and market demands, Madeira continues to leverage its natural and strategic advantages to sustain economic growth and development.
Madeira bananas
Madeira bananas - 1
Madeira bananas - 2