Krakrow-based economic zone attracts large investments

Nineteen companies conducting business activities in Krakowski Park Technologiczny Special Economic Zone (SSE) have pledged to invest at least zl.700 million in total in their operations at the site. Motorola says it will sink roughly $60 million, the largest investment, at the 154-hectare park located in Krakow, with the construction of a software production center, to be completed this year, and an electronic components plant, which company representatives say will be ready for production within three to four years. Due to the extent of that investment, Motorola has gained tax holidays until the end of 2017, while all others will enjoy them until 2009. Apart from Motorola, companies investing include three from the publishing sector, RR Donnelley Poland, Nowa Drukarnia Wydawnicza and Drukarnia Wydawnicza Borys; several from the construction industry; a computer software producer, Sawan Grupa Softbank S.A.; and Digitcard-Unicard Sp. z o.o., an electronic debit-card manufacturer. Some 3,500 jobs are expected to be created through the new investments. (Rzeczpospolita, p. B2)