Always welcome
That's EUR 0.5 billion more than in 2003, according to the Polish Information and Foreign Investment Agency (PAIiIZ) estimates. The results have been confirmed by the Central Statistical Office (GUS), which also reports that in the first half of 2004, the number of companies in Poland driven by investment capital increased by 1,034. The total number of these now hovers around 50,000.
According to Deputy Prime Minister Jerzy Hausner, the latest reports on international institutions show that Poland has become the most attractive region for foreign investments in CEE. Although the forecasts give encouraging signs for increasing opportunity for Poland to win FDI, however, they do not safeguard any actual inflow.
"It is advisable to take up actions that contribute to the improvement of the investments field in Poland. We need to introduce effective tools in the promotion and encouragement [targeting] foreign investors, as well as in negotiations," states the Polish Government Information Center (CIR). In the government's opinion, the greatest obstacles to successful investing include localization (the problem of ownership and quality of real estate and the formalities involved), financial outlays for the management of infrastructure (necessary financial aid in the community) and the issue of public support, which dictates that a more encouraging system is necessary (for example long-term investment programs).
The structure of foreign investments in Poland is undergoing significant changes. Among new foreign businesses launched in 2003, greenfield investments dominated, making up half of the total. This tendency was repeated in the first half of 2004. The greatest amount of capital goes to investors in the production sectors of the Polish economy: automotive, pharmaceutical and electronic. (PAP)
According to Deputy Prime Minister Jerzy Hausner, the latest reports on international institutions show that Poland has become the most attractive region for foreign investments in CEE. Although the forecasts give encouraging signs for increasing opportunity for Poland to win FDI, however, they do not safeguard any actual inflow.
"It is advisable to take up actions that contribute to the improvement of the investments field in Poland. We need to introduce effective tools in the promotion and encouragement [targeting] foreign investors, as well as in negotiations," states the Polish Government Information Center (CIR). In the government's opinion, the greatest obstacles to successful investing include localization (the problem of ownership and quality of real estate and the formalities involved), financial outlays for the management of infrastructure (necessary financial aid in the community) and the issue of public support, which dictates that a more encouraging system is necessary (for example long-term investment programs).
The structure of foreign investments in Poland is undergoing significant changes. Among new foreign businesses launched in 2003, greenfield investments dominated, making up half of the total. This tendency was repeated in the first half of 2004. The greatest amount of capital goes to investors in the production sectors of the Polish economy: automotive, pharmaceutical and electronic. (PAP)
