Foreign investors rediscover Poland - is the boom of the 90's about to reappear?

The country will most probably close 2004 with a much higher income from foreign investments than the previous year. It may even amount to zł.8 billion, which would mean that the country is beginning to re-experience the boom years of the 1990's. According to the report of Washington based International Institute of Finance (IIF), the growing interest in Poland is primarily due to its membership in the European Union. "The new Union is being discovered by investors. You are going to observe a steady growth of capital in Poland," said Josef Ackermann, the president of Deutsche Bank. Kevin Waddell, the head of Boston Consulting Group, believes that foreign entrepreneurs will try to develop not only services, but also manufacturing in Poland, and are attracted by its geographical location as well as the fact it does not suffer from extreme corruption like India and China does. (Rzeczpospolita, p. A1) A.F.