Oeiras an Important economic hub for investing and privileged location for living

Oeiras an Important economic hub for investing and privileged location for living

Oeiras is a municipality in the western part of Lisbon metropolitan area, a sub region of Greater Lisbon, in continental Portugal. It is part of the urban agglomeration of Lisbon, 16 km from the capital. The population in 2011 was 172,120[1] living in an area of 45.88 km2,[2] making the municipality the fifth-most densely populated in Portugal.

Oeiras is an important economic hub, being one of the most highly developed municipalities of Portugal and Europe. It has the highest GDP per capita in the country, being also the second highest municipality (immediately after Lisbon) in terms of purchasing power as well as the second one collecting taxes in the country. These economic indicators also reflect the education level of the inhabitants, as Oeiras is the municipality with the highest concentration of population with higher education in the country. It also has the lowest unemployment rate in the Lisbon area.

The gardens of the Royal Palace of Caxias, used by the Portuguese Royal Family

The mild climate, access to water, quality of its soils and geographically advantageous location at the mouth of the Tagus River attracted early settlement to this region. The rugged hilltops of the interior conditioned cultivation and allowed the settlement of several small agricultural castors within the region's limits, such as Castro of Leceia (which was classified in 1963 as a property of public interest). This archaeological site is a witness to the early settlements and defensive structures that developed during the Chalcolithic period, although Paleolithic camps such as Gruta da Ponte da Laje are indicative of earlier settlements.

Remnants of the Roman occupation of the Iberian peninsula are evident in many places throughout the municipality, including mosaics, specifically along the Rua das Alcássimas, and a Roman bridge. The later Arab conquest left behind several toponymic markers, including Arab/Moorish place names such as Alcássimas, Algés, Alpendroado and Quinta da Moura.

The settlement of Oeiras dates back to 1208, when the area was colonized by Christian tribes from the northern Portugal, moving south into warmer agricultural lands.

20th century

In the late 19th and early 20th centuries, the growth of leisure activities along the coast transformed Oeiras, which became a privileged location for the Portuguese elite. By the beginning of the 20th century, many of the beaches in Oeiras were already occupied by the higher social classes, who travelled to the municipality for medical reasons (believing the air and beach-waters were therapeutic). The construction of National Roadway 6 (EN6) would later link Lisboan to Cascais, permitting new travelers to experience the area, resulting in an influx of new residents that expanded the urban centers, giving rise to beach "chalets" and summer cottages. Simultaneously, the concentration of economic activities in Lisbon and surrounding urban municipalities meant that Oeiras had direct access to the capital.

By the end of the 1980s, however, Oeiras began to constitute its own economic pole in the Lisbon metropolitan area, concentrating its development on tertiary activities linked to science, investigation, information technology and communications. At the end of the 20th century, the municipality became known for its high standard of living, leaving behind its image as a suburb of Lisbon and assuming an important position as a center associated with new technologies (with the establishment of various technology parks, such as Taguspark and LagoasPark) and service industries. The elevated standard of living and work allowed the region to obtain several awards, including the Melhor Concelho para Trabalhar ('Best Municipality to Work'), Município de excelência ('Municipal Excellence' Award), European Enterprise Award and the ECOXXI Award.

Geography

Oeiras' civil parishes after the 2013 territorial reorganization

The municipality is located along the northern margin and mouth of the Tagus River, across from the municipality of Almada, surrounded by the municipalities of Lisbon (east), Sintra (north), Amadora (northeast) and Cascais (west).

Administratively, the municipality is divided into five civil parishes (freguesias):[3]

Along the 10 km coastline, where the Tagus River meets the ocean, several natural coves were at the origin of its beaches:

  • Praia da Torre
  • Praia de Santo Amaro de Oeiras
  • Praia de Pa?o de Arcos
  • Praia de Caxias

Two major green areas spread over Oeiras municipality: the Esta??o Agronómica Nacional and the Jamor sports complex.

 

Economy

The operational headquarters of Banco Comercial Português banking corporation

The Arquiparque, one of the several business parks located in Oeiras

The office block within the LagoasPark complex in the civil parish of Porto Salvo

The industrialized and heavily commercial municipality is occupied by several facilities, which include the headquarters of SIC and TVI (two private Portuguese television networks), many large multinational and technology companies, including NestléMcDonald'sBPGeneral ElectricCiscoSynopsys, P&G, HPDellEpsonSamsungLGUnit4PhilipsIntelGeneral ElectricColgate-Palmoline, Johnson&Johnson, L'Oréal, OracleAtlas CopcoABBDaikin AirconditioningNikeNissanPepsiCoPfizerGrundfos, Merck & Co, NetjetsSynopsysMieleUnisysBMWToshibaCanonGlaxoSmithKlineVolvo Cars, and FCA (Fiat Chrysler Automobiles). The headquarters of NetJets EuropeOmni Aviation and its Portuguese subsidiary airline White Airways[5][6] are also located in the area. The first Portuguese semiconductor company Chipidea was established in Oeiras until being acquired by MIPS Technologies for $147 million.[7]

The region is also a technology and service incubator with the purposeful creation of many science, technology, research institutions and business parks, including:

Several security and both private and governmental institutions are also within the vicinity: the NATO command post (Joint Command Lisbon); IGC - Instituto Gulbenkian de Ciência, and a pole of the Instituto Nacional dos Recursos Biológicos, responsible for agrarian research, the Esta??o Agronómica Nacional (National Agronomy Station), are all located within the municipality.

Main sights

Statue of Fernando Pessoa in the Poet's park, Oeiras

Oeiras offers a range of points of interest, ranging from monuments of unique and historical value, such as the Palace of Marquês de Pombal and Palace of the Royal Estate in Caxias (that dates from the 18th century and surrounded by luxurious gardens) to sites with industrial history, like the Fábrica da Pólvora de Barcarena ('Barcarena Gunpowder Factory'), a reclaimed arms factory used for leisure and cultural purposes.

Leisure facilities include the sports complex of Jamor, Oeiras' promenade (linking Algés and Oeiras e S?o Juli?o da Barra) and the yacht harbor, in addition to other local parks and green spaces. The modern Parque dos Poetas ('Poets' Park'), a green space with statues of Portuguese poets and writers, is also one of the ex-libris of Oeiras. Many of the former town centers have been recovered, displaying monuments and tourist-oriented venues for leisure, cultural, gastronomic and social events (for example the town of Pa?o de Arcos).

Monuments

Parks

  • Oeiras Municipal Park
  • Poets' Park

Leisure facilities

Arts & culture

Festivals

Sports

Estádio Nacional

The final matches of the Portuguese Men's and Women's Football Cups traditionally take place in the Estádio Nacional in the Jamor complex.

The Portugal Open (previously known as Estoril Open) was an ATP and WTA tennis tournament held in the sports complex of Jamor, from 1990 until 2014.

Education

Education has always been one of the top priorities of Oeiras.

Higher education


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