Analysts forecast an approaching investment boom
Consumption can fuel an economy, but in the short run and such a pace cannot be maintained without substantial growth of investments. "At the beginning of the year we faced difficult weather conditions. This could lower investment expenditures, as some construction works could not be run properly," said Witold Orlowski, an expert at Pricewaterhouse-Coopers. Other analysts believe that investments will become the main engine of the economy over the following years and soon growth will reach double digit levels as many factors are coming together to spell an investment boom, such as foreign investments. "And good GDP growth perspectives forecast well on investments. Companies can be confident that they will find buyers for their products," said Katarzyna Zajdel-Kurowska, chief economist of Bank Handlowy. (Gazeta Wyborcza, p. 26) M.M.