Japanese to build car plant in KSSE with total investment of zl.1.036 bln

Japanese automotive company, Toyo Seal Poland (TSP) has bought 3 hectares of land in the Katowice Special Economic Zone (KSSE) and announced plans to build a plant, at a cost estimated to reach up to zl.10.3 million. The land was bought from Delphi Automotive Systems, owner of 14.6 hectares of land in the area. The plant will start production in October 2002, where the foreign investor plans to employ around 50 local workers and wants to concentrate on producing elements used in bearings. There are 27 companies who have began business in the KSSE zone, with a total declared investment reaching zl.1.036 billion. The most popular industries include the automotive, computer and building industry. (Puls Biznesu, p.13) A.K.