Siemens AG is considering building another electronics factory and investing in some other projects in Portugal. It told the Exame monthly it submitted a set of plans to the government envisaging the possible construction of an electronic components facility in the depressed Alentejo region of southern Portugal. A decision to proceed with the $52m investment would depend on any incentives the Socialist government would be prepared to offer in competition with other countries. Siemens is currently building a memory chip packaging factory in northern Portugal, the second biggest foreign investment in the country. The factory in northern Portugal is expected to be built by the end of 1997 and to package up to 150 million chips a year for the world market, creating 750 jobs by the year 2000, Siemens claimed.
