Head of PAlilZ trumpets Polish investment climate
16:11
The president of Invest in Poland (PAlilZ) has declared that 2016 has been a good year for foreign investment in Poland. Tomasz Pisula, the organization’s director, was reported to have said on Sunday that investments coordinated with the Polish government throughout the year had a total value of €1.6 billion, and had resulted in the creation of approximately 13,000 jobs. “At PAIiIZ [we are] very pleased that we were able to handle about 20 percent more investment than last year, both in terms of value, and the number [of firms’ investments],” said Pisula. He listed major international companies that had begun building, or had completed, significant projects in the country over the past 12 months, including an addition to the Daimler plant in Jawor, the construction of a Toyota factory in Wałbrzych, Bombardier’s expansion in Wrocław and the opening of a LG Chem factory for producing lithium-ion batteries for electric cars.
When reminded that many of these investments had actually been in the planning stages for several years before 2016, Pisula remained optimistic about the future of foreign investment in Poland under the current administration. “Engines will be repaired in Poland which have not [yet] been fully invented…we know that over the next 30 years, Polish engineers and Polish workers will service the most modern jet engines for airplanes,” he said, referring to the recent joint venture by GE and Lufthansa Technik to build state-of-the-art aircraft engine service center in the Legnica Special Economic Zone in Środa Śląska.
