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On the sign:
MONUMENTO AOS DESCOBRIMENTOS PORTUGUESES OFERTADO AO POVO DE CASCAIS PELA ALA ACADEMIA DE LETRAS E ARTES INAUGURADO FOR SUA EXCELENCIA O SUBSECRETARIO DE ESTADO DA CULTURA PROFESSOR DOUTOR ANTONIO DE SOUSA LARA COM A PRESENCA DE PRESIDENTE DA CAMARA MUNICIPAL DE CASCAIS DOUTOR GEORGES ALPHONSE SILVEIRA DARGENT VICE PRESIDENTE DA ACADEMIA DE LETRAS E ARTES COMENDADOR JOAQUIM ANTONIO PEREIRA BARAONA REPRESENTANTES DE PAISES DE
LINGUA E CULTURA PORTUGUESAS ENTIDADES OFICIAIS RELIGIOSAS CIVIS E MILITARES E DO MUI BOM POVO DE CASCAIS
The statue, designed to commemorate the Portuguese discoveries, was made by João de Sousa Araújo, and was placed in 1992. This is a bronze statue of a woman whose very long hair resembles the ropes of a ship.
Translation of the text on the sign: MONUMENT TO THE PORTUGUESE DISCOVERIES OFFERED TO THE PEOPLE OF CASCAIS BY ALA ACADEMIA DE SOUSA DE SOUSA LARA INAUGURATED FOR HIS EXCELLENCE THE STATE SECRETARY OF CULTURE PROFESSOR DOCTOR ANTONIO DE SOUSA LARA WITH THE PRESENCE OF THE PRESIDENT OF THE MUNICIPAL CITY HALL OF CASCAIS DR. REPRESENTATIVES OF COUNTRIES OF
PORTUGUESE LANGUAGE AND CULTURE OFFICIAL CIVIL AND MILITARY RELIGIOUS ENTITIES AND THE VERY GOOD PEOPLE OF CASCAIS