EY: 48 percent of investors expect Poland's attractiveness to improve

According to report compiled by EY consultancy, 48 percent of foreign investors expect Poland's investment attractiveness to improve, while 20 percent think otherwise. When it comes to Poland's key assets compared to other EU member states, investors mentioned labor costs (45 percent), labor skill level (43 percent) and potential for productivity increase (31 percent). When it comes to risks, they've mentioned unstable political, social and economic environments (51 percent), and unpredictable regulatory environment (31 percent). “In order to be ready for sustainable growth Polish economy needs to have the ability to interact with newest trends like Industry 4.0. Technological changes will decrease the weight of labor costs in the site selection processes allowing some comebacks of production to the more expensive locations,” said Paweł Tynel EY Poland Head of grants and incentives advisory services. In 2016 the growth rate of the number of FDI projects located in Poland was higher than in Europe as a whole, accounting the location of 4.4 percent of all European FDI projects.