The Portuguese construction industry is set to face a marginal decline of 0.6% in 2024, attributed to high construction costs and a decrease in building permits and exports. However, a promising outlook awaits as the industry is projected to bounce back with an annual average growth of 2% from 2025 to 2028. This growth will be fueled by significant government investments in transport and energy infrastructure projects, as well as private ventures in commercial and residential developments. Furthermore, Portugal is actively transitioning to a net-zero economy, with a focus on reducing fuel dependencies and embracing green technologies. Initiatives like the EUR350 million funding from the European Commission to support the production of renewable energy equipment and the approval of EUR3 billion from the European Investment Bank for a high-speed rail project between Porto and Lisbon highlight the country's commitment to sustainability. In line with this green transition, investments in hydrogen production plants are set to play a crucial role in Portugal's energy sector. The European Commission's allocation of EUR245 million to the MadoquaPower2X (MP2X) green hydrogen plant in Sines underscores the importance of hydrogen in the country's energy future. This project, scheduled for completion in 2028, marks a significant step towards sustainable energy production. Overall, the construction industry in Portugal is poised for growth through strategic investments, sustainable practices, and a shift towards renewable energy sources like hydrogen. The positive outlook for the industry is reinforced by government support, financial backing from European institutions, and a collective effort to build a sustainable and resilient economy.