Madeira

Executive summary by darmansjah

Madeira  is a Portuguese archipelago that lies between 32°22.3′N 16°16.5′W and 33°7.8′N 17°16.65′W, just under 400 kilometres (250 mi) north of Tenerife, Canary Islands, in the north Atlantic Ocean and an outermost region of the European Union. The archipelago comprises the major part of one of the two Autonomous regions of Portugal (the other being the Azores located to the northwest), that includes the islands of Madeira, Porto Santo, and the Desertas, administered together with the separate archipelago of the Savage Islands.

Madeira was claimed by Portuguese sailors in the service of Infante D. Henrique (Henry the Navigator) in 1419, and settled after 1420. The archipelago is considered to be the first territorial discovery of the exploratory period of the Portuguese Age of Discovery.

Today, it is a popular year-round resort, being visited every year by about one million tourists, noted for its Madeira wine, flowers, landscapes and embroidery artisans, as well as for its annual New Year celebrations that feature the largest fireworks show in the world, as officially recognised by Guinness World Records in 2006.The main harbour in Funchal is the leading Portuguese port in cruise liner dockings, being an important stopover for commercial and trans-Atlantic passenger cruises between Europe, the Caribbean and North Africa.

Tourism is an important sector in the region's economy since it contributes 20%[citation needed] to the region's GDP, providing support throughout the year for commercial, transport and other activities and constituting a significant market for local products. The share in Gross Value Added of hotels and restaurants (9%) also highlights this phenomenon. The island of Porto Santo, with its 9 km (5.6 mi) long beach and its climate, is entirely devoted to tourism. Over the past decade it has recorded a substantial increase in its hotel accommodation capacity.

Development in Madeira is considered to have future potential since the necessary infrastructure has been established and adequate investment incentives have been introduced for expanding its hotel and catering structure in a controlled manner. Nature conservation is seen as important because it is a major draw for tourists to Madeira.

Visitors are mainly from the European Union, with German, British, Scandinavian and Portuguese tourists providing the main contingents. The average annual occupancy rate was 60.3% in 2008, reaching its maximum in March and April, when it exceeds 70%.

European Union citizens of the Schengen Treaty area can enter the islands freely, while those from other regions need identification.

There were in 2009, 7,105 legal immigrants living in Madeira Islands. They come mostly from Brazil (1.300), the UK (912), Venezuela (732) and Ukraine (682), according to SEF.

The Islands have two airports, Funchal Airport on the Island of Madeira and the other in the island of Porto Santo. Flights to the islands are mostly made from Lisbon and Porto, but there are also direct flights from other major European cities and other countries, like Cape Verde and Venezuela.

Transport between the two main islands is by plane or ferries, the latter also carrying vehicles. Visiting the interior of the islands is now easy thanks to construction of the Vias Rápidas, major roads built during Portugal's economic boom. Modern roads reach all points of interest on the islands. The old, curving mountain roads are still an excellent way to tour the island. Funchal has an extensive public transportation system. Bus companies, including Horários do Funchal which has been operating for over a hundred years, have regularly scheduled routes to all points of interest on the island.