Cabinet decides on expansion of Special Economic Zones to lure investors

The Cabinet is expected to reach a decision today on a draft proposal for the expansion of 14 Special Economic Zones (SSEs), legislation which is highly anticipated by SSE heads. The new bill would mean extra land for the SSEs, however, they don't hold out too much hope and fear the Cabinet will not accept the changes before August. Should the Cabinet accept the changes, Kamienna Góra SSE (KSSEMP) would exclude from its SSE the areas that cannot currently be sold, almost one third of the entire area, and obtain brand new investment lands in exchange. "All the areas on which new activity could be launched, have already found their purchasers...It would be a great chance for us. We already have two companies willing to invest in the extra land," said the president of KSSEMP Grzegorz Rychter. On Thursday, the Cabinet Economic Committee (KERM) submitted its recommendation for the changes in the SSEs. (Puls Biznesu, p. 6) P.J.