Investing in growth
Last year the country attracted zł.25.2 billion in foreign direct investment (FDI), creating an estimated 15,000 jobs and securing it a place in the 15 top R&D investment destinations of the world, according to a new UN report.
'World Investment Report 2005: Transnational Corporations and the Internationalization of R&D' shows Poland's prized rise in funding bucked the European trend of falling FDI.
According to the UN, the country's accumulated foreign direct investments in 2004 in respect to GDP was 25.4 percent. In the same year 230 greenfield investments were completed in Poland. The statistics represent a 49-percent rise compared to figures for 2003. At the same time, there was a quadruple increase in Polish direct investments abroad.
Economist and MEP Professor Dariusz Rosati says: "The new member states are more attractive for foreign investors because they boast a higher growth index.
"Moreover, the investment risk has dropped considerably and access to the remaining EU markets has been facilitated - the ten newcomers managed to take advantage of the situation."
