2017-12-23 14:36 update: 2018-09-26, 18:58
Poland's FDI inflow seen at over EUR 2 bln in 2017 Archive photo PAP/Leszek Szymański
The value of finalised investment projects serviced by the Polish Investment and Trade Agency (PAIH) towards the end of 2017 exceeded EUR 2 billion, about EUR 300 million more than at the end of 2016, said PAIH Vice-President Krzysztof Senger.
"It's a qualitative leap compared to previous years," Senger said, pointing out that in 2015, Poland's FDI inflow reached EUR 720 million. He also noted that investment in the research and development sector is recording a significant increase.
As the PAIH vice-president said, Poland has several high-tech sectors that are highly attractive for foreign investors, namely, BSS (business services) and the automotive sector. He also stressed that global companies invested not only in production and assembly, but increasingly in business processes and R&D centres.
According to PAIH, the majority of foreign investments supported by the agency in 2017 come from the US and Germany, but, as Senger pointed out, a very strong interest of Asian investors can also be seen.
"We are particularly pleased with the materialisation of China's investment plans," he said, adding that PAIH currently runs 11 Chinese investment projects whose value amounts to over EUR 1 billion and a potential of creating over 7,000 jobs.
Japan and South Korea also show high investment activity in Poland, PAIH vice-president said. He noted that investors from these countries started to locate strategic investments in Poland from the broadly defined electromobility sector. Senger pointed out that the Korean LG Chem company would build a battery factory for electric cars and Toyota intends to produce engines for hybrid cars. (PAP)
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