Investments in PSI may increase by approx. 10% y/y: PwC

The number of investments in the Polish Investment Zone (PSI) may increase by approx. 10% y/y in 2020, according to a PwC report entitled "Limited effects of the great reform. The first year of operation of the Polish Investment Zone".

“Changes in the system of tax exemptions for new investments have unfortunately not translated into their number, but this trend may reverse this year. Our forecasts show that even a 10% increase is possible. Still, most investments are located in the most industrialized Polish regions, although the highest percentage growth was recorded in relatively less developed regions, which is a good signal,” Mieczysław Gonta,  partner at PwC, said.

This year, the changes in regulations are to enter into force, which are to contribute to increasing the attractiveness of PSI for investors, including lowering the threshold of the minimum project value by 50% in the case of reinvestment.

According to the assumptions, the cumulative value of investment outlays in PSI may amount to PLN 117.2 billion by 2027, and the cumulated number of new jobs in this period is 158,300.

(ISBnews)