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FDI in Poland on the up again

24th August 2010
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Some 143 foreign investment projects worth €5.3 billion are currently being negotiated between investors and the Polish Information and Foreign Investment Agency (PAIiIZ).

The projects could provide a total of 35,000 new jobs, Rzeczpospolita suggests. But according to PAIiIZ president Sławomir Majman, FDI projects have a success rate of only about 60 percent.

“There is a fad for Poland in the world,” Mr Majman said.

“Companies have suddenly noticed the good state of our economy, the fact that Poland is a large country, and that every tenth student in Europe is a Pole,” he said.

Foreign investors have showed significant interest in the automotive sector, with 25 investment projects related to automobile components and cars currently under negotiation. Last year only 16 such projects were negotiated.

Investor interest in specialized electronic equipment has also grown dramatically, with 13 projects currently being considered compared to just one in 2009.

Meanwhile, according to the National Bank of Poland, in H1 of this year €6.3 billion has already been invested by foreign companies, compared to €3.5 billion during the same period in 2009.


From Warsaw Business Journal


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