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Government claims nation will win new investment from Hyundai/KIA

Andrzej Szejna, deputy president of the Polish Information and Foreign Investment Agency (PAIiIZ), said that the entire government has been engaged in this fight for the $700 million investment of the Korean concern. "We have implemented procedures, which have never been used for any other investor," said Szejna. He also added that it is highly probable that Hyundai will invest in Poland. "All that is left to discuss are details concerning the financial package and they will ultimately influence the investor's decision. All the other issues have already been resolved and everything indicates that Poland should win," concluded Szejna. Representatives of the Slovak government informed that the decision would be made in February, while construction should begin in April. "From what we know, Hyundai decided to accelerate the investment," said Jacek Piechota, Deputy Economy Minister. (Parkiet, p. 6) M.M.

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