Morawiecki: we want to speed up the growth of Polish firms

Vice Prime Minister and Minister of Development Mateusz Morawiecki said in an interview with Suddeutsche Zeitung  that he wants to do everything in his power to increase the growth and welfare of Polish firms and individuals, while also increasing cooperation with foreign investors. "Our export constitutes 45 percent of our GDP," Morawiecki told journalists of the Munich-based newspaper. "The share of Polish firms in that export figure is only one-third, the rest belongs to companies with foreign capital." The Minister noted that Polish firms should look to be active in "niche industries", where the potential for great success is higher. He listed drone-building and generic drug manufacturing as examples of such fields, and also mentioned the Solaris company as an example of innovative success that other firms could aspire to. Morawiecki also announced that the government will aim to streamline regulations and offer more investment and innovation opportunities to help facilitate such regulations. This is should result in government research and development spending increasing from 0.8 percent to 2 percent of GDP.