Madeira: Country and Foreign Investment
Madeira is a group of islands with a surface area of 314 square miles spread across an area of 5,000 square kilometers and forming part of an archipelago located in the Atlantic Ocean between Africa and the Azores. The islands are on the same latitude as the Moroccan city of Casablanca, are approximately 700 kilometers from the coast of northwest Africa, and consist of Madeira, Porto Santo and several small deserted islets. The capital city is Funchal, on Madeira.
The climate is sub-tropical and rainfall is plentiful. Madeira is covered in lush green vegetation with the temperature ranging from 17°C to 24°C in the summer and averaging 13°C in winter. The islands experience micro-climates which lead to distinct climatic variations between one area and another. Thus in May and June the west coast experiences plenty of sunshine whereas an enveloping cloud known as "el capacete" often blocks out the sun over Funchal bay.
The airport of Santa Caterina on Funchal has daily flights to Lisbon, taking 90 minutes, and connections to many other European cities. Madeira uses Greenwich Mean Time, plus one hour in summer.