Hausner says no aggressive measures needed to attract FDI

The government is not intending to take aggressive measures to attract foreign investments to Poland, announced Deputy Prime Minister Jerzy Hausner during the XIVth Economic Forum in Krynica. He went on to say that he cared about future investments, but long-term ones. In his opinion, some of the countries that attracted foreign investments might soon lose them to cheaper countries. I care about long-term investments, stressed Hausner. He also expressed his disappointment with low expenditures by domestic companies for fixed assets, which dropped by 0.2% to 3.3% in Q2 2004. This is due to three reasons: Firms still have some unutilized capacity; they are afraid of political instability; there is a strong necessity for amending the construction law and spatial planning bill, he said. He also added that another barrier for investments could be growing interest rates. (Parkiet, p. 7) M.M.