---
title: "HyOrc acquires site and fast-tracks permits for Portugal green methanol project, with significant progress made."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281892464.md"
description: "HyOrc has acquired a site and expedited permits for its green methanol project in Portugal, marking significant progress. Meanwhile, Portugal's employment rate has risen to 6.5%, up from 5.8%, with 1.2 million more people employed. The inflation rate has also increased slightly to 2.3% from 2.0%. The government is monitoring the economic situation closely due to recent policy changes."
datetime: "2026-04-07T13:27:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281892464.md)
  - [en](https://longbridge.com/en/news/281892464.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281892464.md)
---

# HyOrc acquires site and fast-tracks permits for Portugal green methanol project, with significant progress made.

In a recent update, it was reported that the employment rate in the country has risen to 6.5%, up from the previous rate of 5.8%. This increase translates to approximately 1.2 million more people being employed compared to last month. Additionally, the inflation rate has also seen a slight uptick, reaching 2.3% from the previous 2.0%. This news comes amidst growing concerns about the state of the economy and the impact of recent policy changes. The government has vowed to closely monitor the situation and take necessary steps to address any challenges that may arise.

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